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Manchester Local

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

Median Home$221,217
Median Rent$1,167/month
Population8,578
Leading IndustriesWholesale Trade · Information & Media10% wholesale trade
Home Value Growth⬆⬆+12.7% over 2 years
Retirees21% of residentsnear the national average
Homeowners88% of occupied units
NotableHigh Incomes$91k/year · top 24% nationally
Manchester Local
OH

Frequently Asked Questions

What are today's mortgage rates in Manchester Local?

As of today, the 30-year fixed mortgage rate for Manchester Local is approximately 6.987% (7.026% 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 Manchester Local?

The median home value in Manchester Local is $221k. The median monthly rent is $1,167. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manchester Local?

Home values in Manchester Local have increased 12.7% 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 Manchester Local?

Based on a typical all-in ownership cost of $1,071/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 Manchester Local is $91k/year.

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What industries drive the economy in Manchester Local?

The largest employment sectors in Manchester Local are public administration (21%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.