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Dry Ridge

Learn about the people, housing, costs and businesses in Dry Ridge, Ohio

Median Home$312,400
Median Rent$1,525/month
Population2,733
Leading IndustriesManufacturing · Public Administration · Professional Services2% manufacturing
Home Value Growth⬆⬆+14.5% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners94% of occupied units
NotableHigh Incomes$86k/year · top 28% nationally
Dry Ridge
OH

Frequently Asked Questions

What are today's mortgage rates in Dry Ridge?

As of today, the 30-year fixed mortgage rate for Dry Ridge is approximately 6.942% (6.980% 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 Dry Ridge?

The median home value in Dry Ridge is $312k. The median monthly rent is $1,525. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dry Ridge?

Home values in Dry Ridge have increased 14.5% 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 Dry Ridge?

Based on a typical all-in ownership cost of $1,193/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dry Ridge is $86k/year.

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What industries drive the economy in Dry Ridge?

The largest employment sectors in Dry Ridge are public administration (28%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.