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Preble Shawnee Local

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

Median Home$199,446
Median Rent$928/month
Population8,905
Leading IndustriesRetail · Wholesale Trade21% retail
Home Value Growth⬆⬆+15.9% over 2 years
Young Adults24% of residents
Homeowners84% of occupied units
Preble Shawnee Local
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Preble Shawnee Local?

As of today, the 30-year fixed mortgage rate for Preble Shawnee Local is approximately 7.030% (7.071% 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 Preble Shawnee Local?

The median home value in Preble Shawnee Local is $199k. The median monthly rent is $928. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Preble Shawnee Local?

Home values in Preble Shawnee Local have increased 15.9% 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 Preble Shawnee Local?

Based on a typical all-in ownership cost of $945/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Preble Shawnee Local is $81k/year.

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What industries drive the economy in Preble Shawnee Local?

The largest employment sectors in Preble Shawnee Local are retail (21%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.