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Garrettsville

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

Median Home$184,300
Median Rent$893/month
Population2,587
Leading IndustriesTransportation · Wholesale Trade · Retail5% transportation
Home Value Growth+8.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners82% of occupied units
NotableAmenity Score70/100 · highly walkable area
NotableVeteran Community9% of residents · top 22% nationally
Garrettsville
OH

Frequently Asked Questions

What are today's mortgage rates in Garrettsville?

As of today, the 30-year fixed mortgage rate for Garrettsville is approximately 6.993% (7.033% 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 Garrettsville?

The median home value in Garrettsville is $184k. The median monthly rent is $893. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garrettsville?

Home values in Garrettsville have increased 8.0% 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 Garrettsville?

Based on a typical all-in ownership cost of $966/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 Garrettsville is $77k/year.

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What industries drive the economy in Garrettsville?

The largest employment sectors in Garrettsville are public administration (20%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.