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Licking Valley Local

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

Median Home$243,193
Median Rent$954/month
Population10,816
Leading IndustriesWholesale Trade · Manufacturing · Information & Media10% wholesale trade
Home Value Growth⬆⬆⬆+30.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners82% of occupied units
NotableHigh Incomes$90k/year · top 24% nationally
Licking Valley Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Licking Valley Local?

As of today, the 30-year fixed mortgage rate for Licking Valley Local is approximately 6.958% (6.996% 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 Licking Valley Local?

The median home value in Licking Valley Local is $243k. The median monthly rent is $954. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Licking Valley Local?

Home values in Licking Valley Local have increased 30.7% 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 Licking Valley Local?

Based on a typical all-in ownership cost of $1,068/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Licking Valley Local is $90k/year.

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What industries drive the economy in Licking Valley Local?

The largest employment sectors in Licking Valley Local are public administration (23%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.