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West Farmington

Learn about the people, housing, costs and businesses in West Farmington, Ohio

Median Home$215,600
Median Rent$856/month
Population539
Leading IndustriesWholesale Trade · Retail13% wholesale trade
Home Value Growth+1.0% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners91% of occupied units
West Farmington
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 West Farmington?

As of today, the 30-year fixed mortgage rate for West Farmington is approximately 7.052% (7.096% 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 West Farmington?

The median home value in West Farmington is $216k. The median monthly rent is $856. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Farmington?

Home values in West Farmington have increased 1.0% over the past two years. The market has been relatively stable. 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 West Farmington?

Based on a typical all-in ownership cost of $1,059/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Farmington is $64k/year.

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What industries drive the economy in West Farmington?

The largest employment sectors in West Farmington are retail (20%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.