Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Lakota Local

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

Median Home$368,922
Median Rent$1,933/month
Population106,067
Leading IndustriesArts, Food & Hospitality · Retail · Healthcare10% arts, food & hospitality
Home Value Growth⬆⬆+17.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners82% of occupied units
NotableHighly Educated34% bachelor's · 15% graduate · top 2% nationally
NotableHigh Incomes$131k/year · top 3% nationally
Lakota Local
OH

Frequently Asked Questions

What are today's mortgage rates in Lakota Local?

As of today, the 30-year fixed mortgage rate for Lakota Local is approximately 6.887% (6.923% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lakota Local
What is the median home price in Lakota Local?

The median home value in Lakota Local is $369k. The median monthly rent is $1,933. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lakota Local?

Home values in Lakota Local have increased 17.8% 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 Lakota Local?

Based on a typical all-in ownership cost of $1,688/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lakota Local is $131k/year.

Calculate your buying power
What industries drive the economy in Lakota Local?

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