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Orwell

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

Median Home$159,636
Median Rent$853/month
Population1,578
Leading IndustriesRetail · Wholesale Trade30% retail
Home Value Growth⬆⬆+16.3% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners74% of occupied units
Orwell
OH

Frequently Asked Questions

What are today's mortgage rates in Orwell?

As of today, the 30-year fixed mortgage rate for Orwell is approximately 7.033% (7.077% 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 Orwell?

The median home value in Orwell is $160k. The median monthly rent is $853. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Orwell?

Home values in Orwell have increased 16.3% 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 Orwell?

Based on a typical all-in ownership cost of $891/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Orwell is $55k/year.

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What industries drive the economy in Orwell?

The largest employment sectors in Orwell are retail (30%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.