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Meyers Lake

Learn about the people, housing, costs and businesses in Meyers Lake, Ohio

Median Home$158,800
Median Rent$956/month
Population712
Leading IndustriesTransportation · Public Administration · Finance & Insurance5% transportation
Home Value Growth⬆⬆+11.9% over 2 years
Retirees29% of residentswell above average
Homeowners73% of occupied units
NotableAmenity Score75/100 · highly walkable area
Meyers Lake
OH

Frequently Asked Questions

What are today's mortgage rates in Meyers Lake?

As of today, the 30-year fixed mortgage rate for Meyers Lake is approximately 7.059% (7.101% 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 Meyers Lake?

The median home value in Meyers Lake is $159k. The median monthly rent is $956. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meyers Lake?

Home values in Meyers Lake have increased 11.9% 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 Meyers Lake?

Based on a typical all-in ownership cost of $946/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Meyers Lake is $59k/year.

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What industries drive the economy in Meyers Lake?

The largest employment sectors in Meyers Lake are public administration (29%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.