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Edgerton Local

Learn about the people, housing, costs and businesses in Edgerton Local, Ohio

Median Home$136,683
Median Rent$766/month
Population3,908
Leading IndustriesRetail · Finance & Insurance38% retail
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners79% of occupied units
NotableAffordable Market$137k median home · lower cost than 88% of the country
Edgerton Local
OH

Frequently Asked Questions

What are today's mortgage rates in Edgerton Local?

As of today, the 30-year fixed mortgage rate for Edgerton Local is approximately 7.183% (7.231% 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 Edgerton Local?

The median home value in Edgerton Local is $137k. The median monthly rent is $766. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Edgerton Local?

Home values in Edgerton Local have increased 15.9% 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 Edgerton Local?

Based on a typical all-in ownership cost of $807/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Edgerton Local is $55k/year.

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What industries drive the economy in Edgerton Local?

The largest employment sectors in Edgerton Local are retail (38%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.