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Chardon Local

Learn about the people, housing, costs and businesses in Chardon Local, Ohio

Median Home$324,541
Median Rent$1,093/month
Population21,582
Leading IndustriesArts, Food & Hospitality · Healthcare · Finance & Insurance8% arts, food & hospitality
Home Value Growth⬆⬆+17.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners86% of occupied units
NotableHigh Incomes$107k/year · top 10% nationally
NotableHighly Educated24% bachelor's · 11% graduate · top 17% nationally
Chardon Local
OH

Frequently Asked Questions

What are today's mortgage rates in Chardon Local?

As of today, the 30-year fixed mortgage rate for Chardon Local is approximately 6.925% (6.962% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Chardon Local?

The median home value in Chardon Local is $325k. The median monthly rent is $1,093. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chardon Local?

Home values in Chardon Local have increased 17.4% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Chardon Local?

Based on a typical all-in ownership cost of $1,399/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chardon Local is $107k/year.

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What industries drive the economy in Chardon Local?

The largest employment sectors in Chardon Local are public administration (24%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.