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Mathews Local

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

Median Home$186,747
Median Rent$885/month
Population6,979
Leading IndustriesRetail · Public Administration18% retail
Home Value Growth⬆⬆⬆+28.3% over 2 years
Retirees25% of residentsabove average nationally
Homeowners83% of occupied units
NotableAffordable Market$187k median home · lower cost than 67% of the country
Mathews Local
OH

Frequently Asked Questions

What are today's mortgage rates in Mathews Local?

As of today, the 30-year fixed mortgage rate for Mathews Local is approximately 6.959% (7.000% 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 Mathews Local
What is the median home price in Mathews Local?

The median home value in Mathews Local is $187k. The median monthly rent is $885. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mathews Local?

Home values in Mathews Local have increased 28.3% 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 Mathews Local?

Based on a typical all-in ownership cost of $812/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mathews Local is $75k/year.

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What industries drive the economy in Mathews Local?

The largest employment sectors in Mathews Local are public administration (27%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.