Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Newton Falls

Learn about the people, housing, costs and businesses in Newton Falls, Ohio

Median Home$110,704
Median Rent$743/month
Population4,645
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality5% education
Home Value Growth⬆⬆⬆+36.4% over 2 years
Retirees52% of residentstop 1% nationally
Homeowners51% of occupied units
NotableHighly Educated30% bachelor's · 15% graduate · top 9% nationally
NotableAffordable Market$111k median home · lower cost than 88% of the country
Newton Falls
OH

Frequently Asked Questions

What are today's mortgage rates in Newton Falls?

As of today, the 30-year fixed mortgage rate for Newton Falls is approximately 6.841% (6.875% 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 Newton Falls
What is the median home price in Newton Falls?

The median home value in Newton Falls is $111k. The median monthly rent is $743. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Newton Falls?

Home values in Newton Falls have increased 36.4% 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 Newton Falls?

Based on a typical all-in ownership cost of $748/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Newton Falls is $52k/year.

Calculate your buying power
What industries drive the economy in Newton Falls?

The largest employment sectors in Newton Falls are healthcare (18%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.