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Convoy

Learn about the people, housing, costs and businesses in Convoy, Ohio

Median Home$173,300
Median Rent$838/month
Population1,032
Leading IndustriesRetail · Public Administration · Transportation24% retail
Home Value Growth⬆⬆⬆+33.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners89% of occupied units
NotableHigh Incomes$87k/year · top 28% nationally
Convoy
OH

Frequently Asked Questions

What are today's mortgage rates in Convoy?

As of today, the 30-year fixed mortgage rate for Convoy is approximately 6.957% (6.998% 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 Convoy?

The median home value in Convoy is $173k. The median monthly rent is $838. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Convoy?

Home values in Convoy have increased 33.8% 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 Convoy?

Based on a typical all-in ownership cost of $994/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Convoy is $87k/year.

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What industries drive the economy in Convoy?

The largest employment sectors in Convoy are public administration (28%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.