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Ohio

Learn about the people, housing, costs and businesses across Ohio

Median Home$231,009
Median Rent$1,108/month
Population11,810,293
Leading IndustryRetail15% of local workforce
Home Value Growth⬆⬆+17.3% over 2 years
Retirees18% of residentsnear the national average
Homeowners67% of occupied units
NotableAffordable Market$231k median home · lower cost than 79% of the country
Ohio

Frequently Asked Questions

What are today's mortgage rates in Ohio?

As of today, the 30-year fixed mortgage rate for Ohio is approximately 6.962% (7.005% 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 Ohio?

The median home value in Ohio is $231k. The median monthly rent is $1,108. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ohio?

Home values in Ohio have increased 17.3% 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 Ohio?

Based on a typical all-in ownership cost of $1,161/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ohio is $79k/year.

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What industries drive the economy in Ohio?

The largest employment sectors in Ohio are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.