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Lynchburg-Clay Local

Learn about the people, housing, costs and businesses in Lynchburg-Clay Local, Ohio

Median Home$179,476
Median Rent$831/month
Population6,360
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade11% information & media
Home Value Growth⬆⬆+13.2% over 2 years
Young Adults27% of residentsnear the national average
Homeowners83% of occupied units
NotableAffordable Market$179k median home · lower cost than 70% of the country
Lynchburg-Clay 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 Lynchburg-Clay Local?

As of today, the 30-year fixed mortgage rate for Lynchburg-Clay Local is approximately 6.971% (7.013% 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 Lynchburg-Clay Local
What is the median home price in Lynchburg-Clay Local?

The median home value in Lynchburg-Clay Local is $179k. The median monthly rent is $831. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lynchburg-Clay Local?

Home values in Lynchburg-Clay Local have increased 13.2% 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 Lynchburg-Clay Local?

Based on a typical all-in ownership cost of $934/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lynchburg-Clay Local is $69k/year.

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What industries drive the economy in Lynchburg-Clay Local?

The largest employment sectors in Lynchburg-Clay Local are public administration (21%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.