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Commercial Point

Learn about the people, housing, costs and businesses in Commercial Point, Ohio

Median Home$328,200
Median Rent$2,045/month
Population3,196
Leading IndustriesHealthcare · Education · Finance & Insurance17% healthcare
Home Value Growth+1.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners91% of occupied units
NotableHigh Incomes$95k/year · top 20% nationally
Commercial Point
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Commercial Point?

As of today, the 30-year fixed mortgage rate for Commercial Point is approximately 6.898% (6.934% 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 Commercial Point?

The median home value in Commercial Point is $328k. The median monthly rent is $2,045. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Commercial Point?

Home values in Commercial Point have increased 1.9% over the past two years. The market has been relatively stable. 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 Commercial Point?

Based on a typical all-in ownership cost of $1,713/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Commercial Point is $95k/year.

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What industries drive the economy in Commercial Point?

The largest employment sectors in Commercial Point are public administration (18%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.