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Riverlea

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

Median Home$513,700
Median Rent$983/month
Population624
Leading IndustriesArts, Food & Hospitality · Education · Healthcare12% arts, food & hospitality
Home Value Growth+8.0% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners95% of occupied units
NotableHigh Incomes$197k/year · top 1% nationally
NotableHighly Educated29% bachelor's · 12% graduate · top 10% nationally
Riverlea
OH

Frequently Asked Questions

What are today's mortgage rates in Riverlea?

As of today, the 30-year fixed mortgage rate for Riverlea is approximately 6.827% (6.861% 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 Riverlea?

The median home value in Riverlea is $514k. The median monthly rent is $983. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Riverlea?

Home values in Riverlea have increased 8.0% over the past two years. This represents moderate growth. 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 Riverlea?

Based on a typical all-in ownership cost of $2,370/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $102k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Riverlea is $197k/year.

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What industries drive the economy in Riverlea?

The largest employment sectors in Riverlea are public administration (22%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.