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Trotwood-Madison

Learn about the people, housing, costs and businesses in Trotwood-Madison, Ohio

Median Home$120,474
Median Rent$998/month
Population19,396
Leading IndustriesTransportation · Finance & Insurance · Information & Media5% transportation
Home Value Growth⬆⬆⬆+22.4% over 2 years
Retirees23% of residentsslightly above average
Homeowners57% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Trotwood-Madison
OH

Frequently Asked Questions

What are today's mortgage rates in Trotwood-Madison?

As of today, the 30-year fixed mortgage rate for Trotwood-Madison is approximately 7.264% (7.314% 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 Trotwood-Madison?

The median home value in Trotwood-Madison is $120k. The median monthly rent is $998. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Trotwood-Madison?

Home values in Trotwood-Madison have increased 22.4% 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 Trotwood-Madison?

Based on a typical all-in ownership cost of $898/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Trotwood-Madison is $50k/year.

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What industries drive the economy in Trotwood-Madison?

The largest employment sectors in Trotwood-Madison are public administration (23%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.