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Kipton

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

Median Home$240,500
Median Rent$929/month
Population209
Leading IndustriesWholesale Trade · Education · Retail15% wholesale trade
Home Value Growth+10.1% over 2 years
Retirees28% of residentswell above average
Homeowners89% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Kipton
OH

Frequently Asked Questions

What are today's mortgage rates in Kipton?

As of today, the 30-year fixed mortgage rate for Kipton is approximately 6.948% (6.986% 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 Kipton?

The median home value in Kipton is $241k. The median monthly rent is $929. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kipton?

Home values in Kipton have increased 10.1% 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 Kipton?

Based on a typical all-in ownership cost of $1,056/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kipton is $66k/year.

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What industries drive the economy in Kipton?

The largest employment sectors in Kipton are public administration (21%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.