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Eldorado

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

Median Home$149,800
Median Rent$800/month
Population515
Leading IndustriesRetail · Wholesale Trade24% retail
Home Value Growth+6.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners85% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableAffordable Market$150k median home · lower cost than 74% of the country
Eldorado
OH

Frequently Asked Questions

What are today's mortgage rates in Eldorado?

As of today, the 30-year fixed mortgage rate for Eldorado is approximately 7.233% (7.282% 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 Eldorado?

The median home value in Eldorado is $150k. The median monthly rent is $800. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eldorado?

Home values in Eldorado have increased 6.8% over the past two years. This represents moderate growth. 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 Eldorado?

Based on a typical all-in ownership cost of $964/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eldorado is $73k/year.

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What industries drive the economy in Eldorado?

The largest employment sectors in Eldorado are retail (24%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.