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Marlington Local

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

Median Home$189,796
Median Rent$834/month
Population14,957
Leading IndustriesRetail · Manufacturing22% retail
Home Value Growth⬆⬆+16.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners74% of occupied units
NotableAffordable Market$190k median home · lower cost than 66% of the country
Marlington Local
OH

Frequently Asked Questions

What are today's mortgage rates in Marlington Local?

As of today, the 30-year fixed mortgage rate for Marlington Local is approximately 6.955% (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 Marlington Local?

The median home value in Marlington Local is $190k. The median monthly rent is $834. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Marlington Local?

Home values in Marlington Local have increased 16.5% 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 Marlington Local?

Based on a typical all-in ownership cost of $883/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Marlington Local is $78k/year.

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What industries drive the economy in Marlington Local?

The largest employment sectors in Marlington Local are public administration (23%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.