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Morrow

Learn about the people, housing, costs and businesses in Morrow, Ohio

Median Home$312,900
Median Rent$1,053/month
Population2,131
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation12% arts, food & hospitality
Home Value Growth+5.4% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners84% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$96k/year · top 20% nationally
Morrow
OH

Frequently Asked Questions

What are today's mortgage rates in Morrow?

As of today, the 30-year fixed mortgage rate for Morrow is approximately 6.946% (6.984% 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 Morrow?

The median home value in Morrow is $313k. The median monthly rent is $1,053. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morrow?

Home values in Morrow have increased 5.4% over the past two years. This represents moderate growth. 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 Morrow?

Based on a typical all-in ownership cost of $1,549/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morrow is $96k/year.

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What industries drive the economy in Morrow?

The largest employment sectors in Morrow are public administration (19%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.