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Rio Grande

Learn about the people, housing, costs and businesses in Rio Grande, Ohio

Median Home$123,365
Median Rent$562/month
Population654
Leading IndustriesWholesale Trade · Education11% wholesale trade
Home Value Growth⬆⬆+19.9% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$123k median home · lower cost than 83% of the country
Rio Grande
OH

Frequently Asked Questions

What are today's mortgage rates in Rio Grande?

As of today, the 30-year fixed mortgage rate for Rio Grande is approximately 7.045% (7.086% 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 Rio Grande?

The median home value in Rio Grande is $123k. The median monthly rent is $562. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rio Grande?

Home values in Rio Grande have increased 19.9% 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 Rio Grande?

Based on a typical all-in ownership cost of $668/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rio Grande is $50k/year.

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What industries drive the economy in Rio Grande?

The largest employment sectors in Rio Grande are public administration (17%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.