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Northbrook

Learn about the people, housing, costs and businesses in Northbrook, Ohio

Median Home$155,215
Median Rent$1,502/month
Population10,447
Leading IndustriesFinance & Insurance · Information & Media · Retail10% finance & insurance
Home Value Growth⬆⬆⬆+21.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners77% of occupied units
Northbrook
OH

Frequently Asked Questions

What are today's mortgage rates in Northbrook?

As of today, the 30-year fixed mortgage rate for Northbrook is approximately 7.060% (7.105% 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 Northbrook?

The median home value in Northbrook is $155k. The median monthly rent is $1,502. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northbrook?

Home values in Northbrook have increased 21.9% 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 Northbrook?

Based on a typical all-in ownership cost of $1,139/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northbrook is $65k/year.

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What industries drive the economy in Northbrook?

The largest employment sectors in Northbrook are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.