Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Northwest Local

Learn about the people, housing, costs and businesses in Northwest Local, Ohio

Median Home$200,834
Median Rent$1,005/month
Population13,442
Leading IndustriesPublic Administration · Wholesale Trade · Information & Media28% public administration
Home Value Growth⬆⬆+20.0% over 2 years
Retirees21% of residentsnear the national average
Homeowners80% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Northwest Local
OH

Frequently Asked Questions

What are today's mortgage rates in Northwest Local?

As of today, the 30-year fixed mortgage rate for Northwest Local is approximately 7.042% (7.083% 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 Northwest Local
What is the median home price in Northwest Local?

The median home value in Northwest Local is $201k. The median monthly rent is $1,005. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Northwest Local?

Home values in Northwest Local have increased 20.0% 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 Northwest Local?

Based on a typical all-in ownership cost of $995/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Northwest Local is $83k/year.

Calculate your buying power
What industries drive the economy in Northwest Local?

The largest employment sectors in Northwest Local are public administration (28%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.