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Devola

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

Median Home$228,786
Median Rent$977/month
Population2,604
Leading IndustriesPublic Administration · Finance & Insurance · Transportation32% public administration
Home Value Growth⬆⬆+12.4% over 2 years
Retirees26% of residentsabove average nationally
Homeowners79% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHigh Incomes$96k/year · top 19% nationally
Devola
OH

Frequently Asked Questions

What are today's mortgage rates in Devola?

As of today, the 30-year fixed mortgage rate for Devola is approximately 7.071% (7.113% 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 Devola?

The median home value in Devola is $229k. The median monthly rent is $977. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Devola?

Home values in Devola have increased 12.4% 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 Devola?

Based on a typical all-in ownership cost of $1,020/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Devola is $96k/year.

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What industries drive the economy in Devola?

The largest employment sectors in Devola are public administration (32%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.