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South Russell

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

Median Home$432,800
Population3,956
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation13% arts, food & hospitality
Home Value Growth⬆⬆+17.6% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners99% of occupied units
NotableHighly Educated43% bachelor's · 17% graduate · top 1% nationally
NotableHigh Incomes$172k/year · top 2% nationally
South Russell
OH

Frequently Asked Questions

What are today's mortgage rates in South Russell?

As of today, the 30-year fixed mortgage rate for South Russell is approximately 6.856% (6.891% 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 Russell?

The median home value in South Russell is $433k. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Russell?

Home values in South Russell have increased 17.6% 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 Russell?

Based on a typical all-in ownership cost of $1,824/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Russell is $172k/year.

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What industries drive the economy in South Russell?

The largest employment sectors in South Russell are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.