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Washington Local

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

Median Home$143,531
Median Rent$982/month
Population46,622
Leading IndustriesFinance & Insurance · Retail · Transportation7% finance & insurance
Home Value Growth⬆⬆+17.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners66% of occupied units
Washington Local
OH

Frequently Asked Questions

What are today's mortgage rates in Washington Local?

As of today, the 30-year fixed mortgage rate for Washington Local is approximately 7.138% (7.185% 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 Washington Local?

The median home value in Washington Local is $144k. The median monthly rent is $982. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Washington Local?

Home values in Washington Local have increased 17.1% 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 Washington Local?

Based on a typical all-in ownership cost of $931/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Washington Local is $64k/year.

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What industries drive the economy in Washington Local?

The largest employment sectors in Washington Local are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.