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Montpelier Exempted

Learn about the people, housing, costs and businesses in Montpelier Exempted, Ohio

Median Home$120,645
Median Rent$792/month
Population5,581
Leading IndustriesRetail · Professional Services · Information & Media36% retail
Home Value Growth⬆⬆+12.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners72% of occupied units
NotableAffordable Market$121k median home · lower cost than 92% of the country
Montpelier Exempted Village
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 Montpelier Exempted?

As of today, the 30-year fixed mortgage rate for Montpelier Exempted is approximately 7.446% (7.501% 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 Montpelier Exempted?

The median home value in Montpelier Exempted is $121k. The median monthly rent is $792. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Montpelier Exempted?

Home values in Montpelier Exempted have increased 12.9% 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 Montpelier Exempted?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Montpelier Exempted is $50k/year.

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What industries drive the economy in Montpelier Exempted?

The largest employment sectors in Montpelier Exempted are retail (36%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.