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Revere Local

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

Median Home$471,468
Median Rent$1,606/month
Population22,197
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education16% healthcare
Home Value Growth⬆⬆+13.7% over 2 years
Retirees24% of residentsabove average nationally
Homeowners87% of occupied units
NotableHighly Educated34% bachelor's · 18% graduate · top 2% nationally
NotableHigh Incomes$140k/year · top 2% nationally
Revere Local
OH

Frequently Asked Questions

What are today's mortgage rates in Revere Local?

As of today, the 30-year fixed mortgage rate for Revere Local is approximately 6.860% (6.895% 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 Revere Local?

The median home value in Revere Local is $471k. The median monthly rent is $1,606. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Revere Local?

Home values in Revere Local have increased 13.7% 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 Revere Local?

Based on a typical all-in ownership cost of $1,716/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Revere Local is $140k/year.

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What industries drive the economy in Revere Local?

The largest employment sectors in Revere Local are public administration (23%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.