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Rootstown Local

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

Median Home$257,162
Median Rent$1,092/month
Population8,760
Leading IndustryRetail16% of local workforce
Home Value Growth⬆⬆+16.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners81% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
NotableHigh Incomes$88k/year · top 27% nationally
Rootstown Local
OH

Frequently Asked Questions

What are today's mortgage rates in Rootstown Local?

As of today, the 30-year fixed mortgage rate for Rootstown Local is approximately 6.995% (7.035% 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 Rootstown Local?

The median home value in Rootstown Local is $257k. The median monthly rent is $1,092. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rootstown Local?

Home values in Rootstown Local 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 Rootstown Local?

Based on a typical all-in ownership cost of $1,270/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rootstown Local is $88k/year.

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What industries drive the economy in Rootstown Local?

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