Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

North Olmsted

Learn about the people, housing, costs and businesses in North Olmsted, Ohio

Median Home$224,340
Median Rent$1,192/month
Population31,924
Leading IndustriesArts, Food & Hospitality · Transportation · Professional Services8% arts, food & hospitality
Home Value Growth⬆⬆+13.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners79% of occupied units
NotableAmenity Score79/100 · highly walkable area
NotableHigh Incomes$87k/year · top 28% nationally
North Olmsted
OH

Frequently Asked Questions

What are today's mortgage rates in North Olmsted?

As of today, the 30-year fixed mortgage rate for North Olmsted is approximately 6.950% (6.991% 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 North Olmsted
What is the median home price in North Olmsted?

The median home value in North Olmsted is $224k. The median monthly rent is $1,192. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Olmsted?

Home values in North Olmsted have increased 13.5% 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 North Olmsted?

Based on a typical all-in ownership cost of $1,209/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Olmsted is $87k/year.

Calculate your buying power
What industries drive the economy in North Olmsted?

The largest employment sectors in North Olmsted are public administration (23%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.