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Mingo Junction

Learn about the people, housing, costs and businesses in Mingo Junction, Ohio

Median Home$102,454
Median Rent$874/month
Population3,246
Leading IndustriesInformation & Media · Finance & Insurance · Transportation13% information & media
Home Value Growth⬆⬆⬆+41.0% over 2 years
Retirees26% of residentsabove average nationally
Homeowners68% of occupied units
Mingo Junction
OH

Frequently Asked Questions

What are today's mortgage rates in Mingo Junction?

As of today, the 30-year fixed mortgage rate for Mingo Junction is approximately 7.378% (7.431% 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 Mingo Junction?

The median home value in Mingo Junction is $102k. The median monthly rent is $874. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mingo Junction?

Home values in Mingo Junction have increased 41.0% 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 Mingo Junction?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mingo Junction is $54k/year.

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What industries drive the economy in Mingo Junction?

The largest employment sectors in Mingo Junction are public administration (20%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.