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Phillipsburg

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

Median Home$209,700
Median Rent$1,066/month
Population597
Leading IndustriesHealthcare · Arts, Food & Hospitality · Wholesale Trade15% healthcare
Home Value Growth⬆⬆⬆+39.8% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners89% of occupied units
NotableTransit87/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Phillipsburg
OH

Frequently Asked Questions

What are today's mortgage rates in Phillipsburg?

As of today, the 30-year fixed mortgage rate for Phillipsburg is approximately 6.978% (7.020% 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 Phillipsburg?

The median home value in Phillipsburg is $210k. The median monthly rent is $1,066. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Phillipsburg?

Home values in Phillipsburg have increased 39.8% 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 Phillipsburg?

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 Phillipsburg is $86k/year.

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What industries drive the economy in Phillipsburg?

The largest employment sectors in Phillipsburg are public administration (25%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.