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Nettle Lake

Learn about the people, housing, costs and businesses in Nettle Lake, Ohio

Median Home$145,500
Median Rent$856/month
Population202
Leading IndustriesRetail · Public Administration · Education29% retail
Home Value Growth⬆⬆+15.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners91% of occupied units
Nettle Lake
OH

Frequently Asked Questions

What are today's mortgage rates in Nettle Lake?

As of today, the 30-year fixed mortgage rate for Nettle Lake is approximately 7.059% (7.101% 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 Nettle Lake?

The median home value in Nettle Lake is $146k. The median monthly rent is $856. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Nettle Lake?

Home values in Nettle Lake have increased 15.9% 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 Nettle Lake?

Based on a typical all-in ownership cost of $926/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Nettle Lake is $82k/year.

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What industries drive the economy in Nettle Lake?

The largest employment sectors in Nettle Lake are public administration (31%) and retail (29%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.