Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Mount Gilead

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

Median Home$194,997
Median Rent$768/month
Population3,509
Leading IndustriesRetail · Finance & Insurance · Information & Media19% retail
Home Value Growth⬆⬆+16.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners68% of occupied units
NotableTransit89/100 · excellent transit access
NotableVeteran Community12% of residents · top 6% nationally
Mount Gilead
OH

Frequently Asked Questions

What are today's mortgage rates in Mount Gilead?

As of today, the 30-year fixed mortgage rate for Mount Gilead is approximately 7.042% (7.083% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Mount Gilead
What is the median home price in Mount Gilead?

The median home value in Mount Gilead is $195k. The median monthly rent is $768. 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?

Home values in Mount Gilead have increased 16.0% 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 Mount Gilead?

Based on a typical all-in ownership cost of $957/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 Mount Gilead is $60k/year.

Calculate your buying power
What industries drive the economy in Mount Gilead?

The largest employment sectors in Mount Gilead are retail (19%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.