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Laurelville

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

Median Home$227,600
Median Rent$659/month
Population533
Leading IndustriesWholesale Trade · Finance & Insurance · Information & Media21% wholesale trade
Home Value Growth⬆⬆+11.1% over 2 years
Young Adults24% of residents
Homeowners86% of occupied units
Laurelville
OH

Frequently Asked Questions

What are today's mortgage rates in Laurelville?

As of today, the 30-year fixed mortgage rate for Laurelville is approximately 6.937% (6.975% 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 Laurelville?

The median home value in Laurelville is $228k. The median monthly rent is $659. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Laurelville?

Home values in Laurelville have increased 11.1% 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 Laurelville?

Based on a typical all-in ownership cost of $872/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 Laurelville is $58k/year.

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What industries drive the economy in Laurelville?

The largest employment sectors in Laurelville are public administration (24%) and wholesale trade (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.