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South Canal

Learn about the people, housing, costs and businesses in South Canal, Ohio

Median Home$176,000
Median Rent$795/month
Population1,068
Leading IndustriesProfessional Services · Finance & Insurance · Retail7% professional services
Home Value Growth⬆⬆⬆+26.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners85% of occupied units
South Canal
OH

Frequently Asked Questions

What are today's mortgage rates in South Canal?

As of today, the 30-year fixed mortgage rate for South Canal is approximately 7.060% (7.105% 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 South Canal?

The median home value in South Canal is $176k. The median monthly rent is $795. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Canal?

Home values in South Canal have increased 26.5% 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 South Canal?

Based on a typical all-in ownership cost of $957/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Canal is $77k/year.

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What industries drive the economy in South Canal?

The largest employment sectors in South Canal are public administration (21%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.