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North Royalton

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

Median Home$289,916
Median Rent$1,217/month
Population36,571
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services11% arts, food & hospitality
Home Value Growth+7.8% over 2 years
Retirees23% of residentsslightly above average
Homeowners74% of occupied units
NotableHighly Educated25% bachelor's · 12% graduate · top 15% nationally
NotableHigh Incomes$91k/year · top 23% nationally
North Royalton
OH

Frequently Asked Questions

What are today's mortgage rates in North Royalton?

As of today, the 30-year fixed mortgage rate for North Royalton is approximately 6.962% (7.000% 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 North Royalton?

The median home value in North Royalton is $290k. The median monthly rent is $1,217. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Royalton?

Home values in North Royalton have increased 7.8% over the past two years. This represents moderate growth. 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 Royalton?

Based on a typical all-in ownership cost of $1,309/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Royalton is $91k/year.

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What industries drive the economy in North Royalton?

The largest employment sectors in North Royalton are public administration (25%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.