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New Boston Local

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

Median Home$79,249
Median Rent$656/month
Population2,333
Leading IndustriesPublic Administration · Information & Media26% public administration
Home Value Growth⬆⬆+13.4% over 2 years
Family-Friendly24% of residentsslightly above average
Renters56% of occupied units
NotableAffordable Market$79k median home · lower cost than 99% of the country
New Boston Local
OH

Frequently Asked Questions

What are today's mortgage rates in New Boston Local?

As of today, the 30-year fixed mortgage rate for New Boston Local is approximately 7.041% (7.085% 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 New Boston Local
What is the median home price in New Boston Local?

The median home value in New Boston Local is $79k. The median monthly rent is $656. Annual property taxes average $700. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Boston Local?

Home values in New Boston Local have increased 13.4% 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 New Boston Local?

Based on a typical all-in ownership cost of $589/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Boston Local is $28k/year.

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What industries drive the economy in New Boston Local?

The largest employment sectors in New Boston Local are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.