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Gibsonburg

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

Median Home$144,400
Median Rent$635/month
Population2,521
Leading IndustriesRetail · Transportation · Manufacturing26% retail
Home Value Growth⬆⬆⬆+39.7% over 2 years
Young Adults26% of residents
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$144k median home · lower cost than 76% of the country
Gibsonburg
OH

Frequently Asked Questions

What are today's mortgage rates in Gibsonburg?

As of today, the 30-year fixed mortgage rate for Gibsonburg is approximately 7.101% (7.147% 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 Gibsonburg?

The median home value in Gibsonburg is $144k. The median monthly rent is $635. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gibsonburg?

Home values in Gibsonburg have increased 39.7% 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 Gibsonburg?

Based on a typical all-in ownership cost of $903/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gibsonburg is $80k/year.

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What industries drive the economy in Gibsonburg?

The largest employment sectors in Gibsonburg are retail (26%) and public administration (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.