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Lake Mohawk

Learn about the people, housing, costs and businesses in Lake Mohawk, Ohio

Median Home$219,400
Median Rent$644/month
Population1,592
Leading IndustriesRetail · Wholesale Trade · Arts, Food & Hospitality20% retail
Home Value Growth⬆⬆+17.5% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners71% of occupied units
NotableTransit89/100 · excellent transit access
Lake Mohawk
OH

Frequently Asked Questions

What are today's mortgage rates in Lake Mohawk?

As of today, the 30-year fixed mortgage rate for Lake Mohawk is approximately 6.988% (7.027% 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 Lake Mohawk?

The median home value in Lake Mohawk is $219k. The median monthly rent is $644. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Mohawk?

Home values in Lake Mohawk have increased 17.5% 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 Lake Mohawk?

Based on a typical all-in ownership cost of $882/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake Mohawk is $59k/year.

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What industries drive the economy in Lake Mohawk?

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