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Mount Gilead Exempted

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

Median Home$209,045
Median Rent$763/month
Population8,099
Leading IndustriesFinance & Insurance · Wholesale Trade · Retail8% finance & insurance
Home Value Growth⬆⬆+16.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners73% of occupied units
NotableVeteran Community10% of residents · top 9% nationally
Mount Gilead Exempted Village
OH

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Frequently Asked Questions

What are today's mortgage rates in Mount Gilead Exempted?

As of today, the 30-year fixed mortgage rate for Mount Gilead Exempted is approximately 7.002% (7.042% 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 Mount Gilead Exempted?

The median home value in Mount Gilead Exempted is $209k. The median monthly rent is $763. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Gilead Exempted?

Home values in Mount Gilead Exempted have increased 16.8% 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 Mount Gilead Exempted?

Based on a typical all-in ownership cost of $1,016/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Gilead Exempted is $66k/year.

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What industries drive the economy in Mount Gilead Exempted?

The largest employment sectors in Mount Gilead Exempted are retail (18%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.