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Republic

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

Median Home$167,600
Median Rent$961/month
Population554
Leading IndustriesRetail · Manufacturing · Arts, Food & Hospitality23% retail
Home Value Growth⬆⬆⬆+25.9% over 2 years
Retirees28% of residentswell above average
Homeowners78% of occupied units
Republic
OH

Frequently Asked Questions

What are today's mortgage rates in Republic?

As of today, the 30-year fixed mortgage rate for Republic is approximately 6.965% (7.007% 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 Republic?

The median home value in Republic is $168k. The median monthly rent is $961. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Republic?

Home values in Republic have increased 25.9% 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 Republic?

Based on a typical all-in ownership cost of $980/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Republic is $73k/year.

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What industries drive the economy in Republic?

The largest employment sectors in Republic are retail (23%) and public administration (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.