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Lakeview Local

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

Median Home$188,805
Median Rent$758/month
Population12,515
Leading IndustriesRetail · Professional Services · Manufacturing24% retail
Home Value Growth⬆⬆+17.2% over 2 years
Retirees27% of residentswell above average
Homeowners79% of occupied units
NotableVeteran Community9% of residents · top 15% nationally
NotableAffordable Market$189k median home · lower cost than 67% of the country
Lakeview Local
OH

Frequently Asked Questions

What are today's mortgage rates in Lakeview Local?

As of today, the 30-year fixed mortgage rate for Lakeview Local is approximately 6.994% (7.037% 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 Lakeview Local?

The median home value in Lakeview Local is $189k. The median monthly rent is $758. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lakeview Local?

Home values in Lakeview Local have increased 17.2% 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 Lakeview Local?

Based on a typical all-in ownership cost of $856/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lakeview Local is $74k/year.

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What industries drive the economy in Lakeview Local?

The largest employment sectors in Lakeview Local are public administration (26%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.