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Conneaut Area

Learn about the people, housing, costs and businesses in Conneaut Area, Ohio

Median Home$129,718
Median Rent$731/month
Population14,066
Leading IndustriesProfessional Services · Retail · Transportation3% professional services
Home Value Growth⬆⬆+19.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners73% of occupied units
NotableAffordable Market$130k median home · lower cost than 90% of the country
NotableVeteran Community8% of residents · top 27% nationally
Conneaut Area
OH

Frequently Asked Questions

What are today's mortgage rates in Conneaut Area?

As of today, the 30-year fixed mortgage rate for Conneaut Area is approximately 7.361% (7.413% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Conneaut Area
What is the median home price in Conneaut Area?

The median home value in Conneaut Area is $130k. The median monthly rent is $731. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Conneaut Area?

Home values in Conneaut Area have increased 19.1% 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 Conneaut Area?

Based on a typical all-in ownership cost of $691/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Conneaut Area is $59k/year.

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What industries drive the economy in Conneaut Area?

The largest employment sectors in Conneaut Area are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.