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Westerville

Learn about the people, housing, costs and businesses in Westerville, Ohio

Median Home$355,776
Median Rent$1,438/month
Population38,633
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare29% public administration
Home Value Growth⬆⬆+13.0% over 2 years
Young Adults28% of residentsnear the national average
Homeowners73% of occupied units
NotableAmenity Score80/100 · highly walkable area
NotableHighly Educated33% bachelor's · 17% graduate · top 5% nationally
Westerville
OH

Frequently Asked Questions

What are today's mortgage rates in Westerville?

As of today, the 30-year fixed mortgage rate for Westerville is approximately 6.896% (6.932% 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 Westerville?

The median home value in Westerville is $356k. The median monthly rent is $1,438. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westerville?

Home values in Westerville have increased 13.0% 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 Westerville?

Based on a typical all-in ownership cost of $1,649/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westerville is $117k/year.

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What industries drive the economy in Westerville?

The largest employment sectors in Westerville are public administration (29%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.