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New Bloomington

Learn about the people, housing, costs and businesses in New Bloomington, Ohio

Median Home$162,000
Median Rent$777/month
Population412
Leading IndustriesRetail · Construction · Agriculture & Mining25% retail
Home Value Growth+9.4% over 2 years
Retirees28% of residentswell above average
Homeowners87% of occupied units
NotableAffordable Market$162k median home · lower cost than 69% of the country
New Bloomington
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 New Bloomington?

As of today, the 30-year fixed mortgage rate for New Bloomington 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 New Bloomington?

The median home value in New Bloomington is $162k. The median monthly rent is $777. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Bloomington?

Home values in New Bloomington have increased 9.4% 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 New Bloomington?

Based on a typical all-in ownership cost of $882/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Bloomington is $71k/year.

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What industries drive the economy in New Bloomington?

The largest employment sectors in New Bloomington are retail (25%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.