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Lafferty

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

Median Home$222,100
Median Rent$1,267/month
Population244
Leading IndustriesWholesale Trade · Manufacturing · Education16% wholesale trade
Home Value Growth⬆⬆⬆+21.9% over 2 years
Young Adults28% of residentsnear the national average
Homeowners87% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Lafferty
OH

Frequently Asked Questions

What are today's mortgage rates in Lafferty?

As of today, the 30-year fixed mortgage rate for Lafferty is approximately 6.970% (7.009% 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 Lafferty?

The median home value in Lafferty is $222k. The median monthly rent is $1,267. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lafferty?

Home values in Lafferty have increased 21.9% 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 Lafferty?

Based on a typical all-in ownership cost of $841/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lafferty is $80k/year.

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What industries drive the economy in Lafferty?

The largest employment sectors in Lafferty are public administration (20%) and wholesale trade (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.