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Homeworth

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

Median Home$170,600
Median Rent$774/month
Population464
Leading IndustriesRetail · Public Administration · Manufacturing24% retail
Home Value Growth⬆⬆⬆+21.7% over 2 years
Retirees26% of residentsabove average nationally
Homeowners89% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
Homeworth
OH

Frequently Asked Questions

What are today's mortgage rates in Homeworth?

As of today, the 30-year fixed mortgage rate for Homeworth is approximately 6.973% (7.015% 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 Homeworth?

The median home value in Homeworth is $171k. The median monthly rent is $774. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Homeworth?

Home values in Homeworth have increased 21.7% 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 Homeworth?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Homeworth is $73k/year.

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What industries drive the economy in Homeworth?

The largest employment sectors in Homeworth are public administration (27%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.