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Logan Elm Local

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

Median Home$263,706
Median Rent$1,037/month
Population12,981
Leading IndustriesWholesale Trade · Finance & Insurance · Information & Media14% wholesale trade
Home Value Growth⬆⬆+13.8% over 2 years
Young Adults26% of residents
Homeowners82% of occupied units
Logan Elm Local
OH

Frequently Asked Questions

What are today's mortgage rates in Logan Elm Local?

As of today, the 30-year fixed mortgage rate for Logan Elm Local is approximately 6.938% (6.976% 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 Logan Elm Local?

The median home value in Logan Elm Local is $264k. The median monthly rent is $1,037. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Logan Elm Local?

Home values in Logan Elm Local have increased 13.8% 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 Logan Elm Local?

Based on a typical all-in ownership cost of $1,130/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Logan Elm Local is $72k/year.

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What industries drive the economy in Logan Elm Local?

The largest employment sectors in Logan Elm Local are public administration (23%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.