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Rittman

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

Median Home$170,543
Median Rent$797/month
Population5,996
Leading IndustriesRetail · Transportation · Education26% retail
Home Value Growth⬆⬆+16.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners72% of occupied units
Rittman
OH

Frequently Asked Questions

What are today's mortgage rates in Rittman?

As of today, the 30-year fixed mortgage rate for Rittman is approximately 7.057% (7.102% 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 Rittman?

The median home value in Rittman is $171k. The median monthly rent is $797. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rittman?

Home values in Rittman have increased 16.9% 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 Rittman?

Based on a typical all-in ownership cost of $831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rittman is $64k/year.

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What industries drive the economy in Rittman?

The largest employment sectors in Rittman are retail (26%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.