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Wellington Exempted

Learn about the people, housing, costs and businesses in Wellington Exempted, Ohio

Median Home$235,724
Median Rent$860/month
Population8,619
Leading IndustriesWholesale Trade · Retail11% wholesale trade
Home Value Growth⬆⬆+20.8% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners75% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Wellington Exempted Village
OH

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Wellington Exempted?

As of today, the 30-year fixed mortgage rate for Wellington Exempted is approximately 7.063% (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 Wellington Exempted?

The median home value in Wellington Exempted is $236k. The median monthly rent is $860. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wellington Exempted?

Home values in Wellington Exempted have increased 20.8% 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 Wellington Exempted?

Based on a typical all-in ownership cost of $1,087/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wellington Exempted is $74k/year.

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What industries drive the economy in Wellington Exempted?

The largest employment sectors in Wellington Exempted are public administration (25%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.