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Hannibal

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

Median Home$131,600
Median Rent$609/month
Population270
Leading IndustriesManufacturing · Information & Media · Finance & Insurance8% manufacturing
Home Value Growth⬆⬆+16.4% over 2 years
Retirees28% of residentswell above average
Homeowners87% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableAffordable Market$132k median home · lower cost than 80% of the country
Hannibal
OH

Frequently Asked Questions

What are today's mortgage rates in Hannibal?

As of today, the 30-year fixed mortgage rate for Hannibal is approximately 7.059% (7.101% 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 Hannibal?

The median home value in Hannibal is $132k. The median monthly rent is $609. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hannibal?

Home values in Hannibal have increased 16.4% 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 Hannibal?

Based on a typical all-in ownership cost of $602/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hannibal is $63k/year.

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What industries drive the economy in Hannibal?

The largest employment sectors in Hannibal are public administration (24%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.