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Forest Hills Local

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

Median Home$375,294
Median Rent$1,519/month
Population47,846
Leading IndustriesArts, Food & Hospitality · Healthcare · Education14% arts, food & hospitality
Home Value Growth⬆⬆+16.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners81% of occupied units
NotableHighly Educated34% bachelor's · 16% graduate · top 2% nationally
NotableHigh Incomes$126k/year · top 4% nationally
Forest Hills Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Forest Hills Local?

As of today, the 30-year fixed mortgage rate for Forest Hills Local is approximately 6.917% (6.954% 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 Forest Hills Local?

The median home value in Forest Hills Local is $375k. The median monthly rent is $1,519. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Forest Hills Local?

Home values in Forest Hills Local have increased 16.0% 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 Forest Hills Local?

Based on a typical all-in ownership cost of $1,719/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Forest Hills Local is $126k/year.

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What industries drive the economy in Forest Hills Local?

The largest employment sectors in Forest Hills Local are public administration (22%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.