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Miami Trace Local

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

Median Home$188,166
Median Rent$918/month
Population15,048
Leading IndustriesWholesale Trade · Retail · Construction11% wholesale trade
Home Value Growth⬆⬆+20.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners70% of occupied units
NotableAffordable Market$188k median home · lower cost than 67% of the country
Miami Trace Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Miami Trace Local?

As of today, the 30-year fixed mortgage rate for Miami Trace Local is approximately 7.022% (7.063% 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 Miami Trace Local?

The median home value in Miami Trace Local is $188k. The median monthly rent is $918. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Miami Trace Local?

Home values in Miami Trace Local have increased 20.0% 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 Miami Trace Local?

Based on a typical all-in ownership cost of $968/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 Miami Trace Local is $69k/year.

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What industries drive the economy in Miami Trace Local?

The largest employment sectors in Miami Trace Local are retail (19%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.