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Northfield

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

Median Home$166,700
Median Rent$876/month
Population3,543
Leading IndustriesArts, Food & Hospitality · Healthcare · Retail15% arts, food & hospitality
Home Value Growth⬆⬆⬆+21.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners72% of occupied units
NotableAmenity Score78/100 · highly walkable area
Northfield
OH

Frequently Asked Questions

What are today's mortgage rates in Northfield?

As of today, the 30-year fixed mortgage rate for Northfield is approximately 7.007% (7.050% 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 Northfield?

The median home value in Northfield is $167k. The median monthly rent is $876. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northfield?

Home values in Northfield have increased 21.2% 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 Northfield?

Based on a typical all-in ownership cost of $1,127/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northfield is $71k/year.

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What industries drive the economy in Northfield?

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