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New Riegel

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

Median Home$198,000
Median Rent$820/month
Population274
Leading IndustriesRetail · Finance & Insurance · Information & Media26% retail
Home Value Growth+1.7% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners90% of occupied units
New Riegel
OH

Frequently Asked Questions

What are today's mortgage rates in New Riegel?

As of today, the 30-year fixed mortgage rate for New Riegel is approximately 7.061% (7.103% 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 Riegel?

The median home value in New Riegel is $198k. The median monthly rent is $820. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Riegel?

Home values in New Riegel have increased 1.7% over the past two years. The market has been relatively stable. 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 Riegel?

Based on a typical all-in ownership cost of $974/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Riegel is $83k/year.

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What industries drive the economy in New Riegel?

The largest employment sectors in New Riegel are retail (26%) and public administration (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.