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Kelleys Island Local

Learn about the people, housing, costs and businesses in Kelleys Island Local, Ohio

Median Home$267,500
Median Rent$1,082/month
Population257
Leading IndustriesProfessional Services · Education · Public Administration4% professional services
Home Value Growth⬆⬆+14.5% over 2 years
Retirees34% of residentstop 2% nationally
Homeowners86% of occupied units
NotableVeteran Community12% of residents · top 3% nationally
NotableHighly Educated22% bachelor's · 11% graduate · top 24% nationally
Kelleys Island Local
OH

Explore Kelleys Island Local

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

Frequently Asked Questions

What are today's mortgage rates in Kelleys Island Local?

As of today, the 30-year fixed mortgage rate for Kelleys Island Local 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 Kelleys Island Local?

The median home value in Kelleys Island Local is $268k. The median monthly rent is $1,082. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kelleys Island Local?

Home values in Kelleys Island Local have increased 14.5% 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 Kelleys Island Local?

Based on a typical all-in ownership cost of $1,139/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kelleys Island Local is $88k/year.

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What industries drive the economy in Kelleys Island Local?

The largest employment sectors in Kelleys Island Local are public administration (27%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.