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New Bremen

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

Median Home$227,948
Median Rent$704/month
Population3,001
Leading IndustriesRetail · Construction · Agriculture & Mining37% retail
Home Value Growth⬆⬆+19.4% over 2 years
Family-Friendly28% of residentswell above average
Homeowners77% of occupied units
NotableHigh Incomes$91k/year · top 23% nationally
New Bremen
OH

Frequently Asked Questions

What are today's mortgage rates in New Bremen?

As of today, the 30-year fixed mortgage rate for New Bremen is approximately 6.981% (7.020% 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 Bremen?

The median home value in New Bremen is $228k. The median monthly rent is $704. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Bremen?

Home values in New Bremen have increased 19.4% 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 Bremen?

Based on a typical all-in ownership cost of $764/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Bremen is $91k/year.

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What industries drive the economy in New Bremen?

The largest employment sectors in New Bremen are retail (37%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.