Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Copley-Fairlawn

Learn about the people, housing, costs and businesses in Copley-Fairlawn, Ohio

Median Home$287,974
Median Rent$1,459/month
Population21,645
Leading IndustriesTransportation · Arts, Food & Hospitality · Healthcare4% transportation
Home Value Growth⬆⬆+15.7% over 2 years
Retirees24% of residentsabove average nationally
Homeowners77% of occupied units
NotableHighly Educated36% bachelor's · 15% graduate · top 1% nationally
NotableHigh Incomes$109k/year · top 9% nationally
Copley-Fairlawn
OH

Frequently Asked Questions

What are today's mortgage rates in Copley-Fairlawn?

As of today, the 30-year fixed mortgage rate for Copley-Fairlawn is approximately 6.977% (7.016% 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 Copley-Fairlawn
What is the median home price in Copley-Fairlawn?

The median home value in Copley-Fairlawn is $288k. The median monthly rent is $1,459. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Copley-Fairlawn?

Home values in Copley-Fairlawn have increased 15.7% 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 Copley-Fairlawn?

Based on a typical all-in ownership cost of $1,400/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 Copley-Fairlawn is $109k/year.

Calculate your buying power
What industries drive the economy in Copley-Fairlawn?

The largest employment sectors in Copley-Fairlawn are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.