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Marblehead

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

Median Home$338,600
Median Rent$1,141/month
Population863
Leading IndustriesArts, Food & Hospitality · Healthcare9% arts, food & hospitality
Home Value Growth+2.0% over 2 years
Retirees44% of residentstop 1% nationally
Homeowners94% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHighly Educated29% bachelor's · 14% graduate · top 10% nationally
Marblehead
OH

Frequently Asked Questions

What are today's mortgage rates in Marblehead?

As of today, the 30-year fixed mortgage rate for Marblehead is approximately 6.854% (6.889% 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 Marblehead?

The median home value in Marblehead is $339k. The median monthly rent is $1,141. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marblehead?

Home values in Marblehead have increased 2.0% over the past two years. The market has been relatively stable. 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 Marblehead?

Based on a typical all-in ownership cost of $799/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marblehead is $76k/year.

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What industries drive the economy in Marblehead?

The largest employment sectors in Marblehead are retail (13%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.