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Westerville

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

Median Home$331,097
Median Rent$1,523/month
Population103,564
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services13% healthcare
Home Value Growth⬆⬆+15.6% over 2 years
Family-Friendly25% of residentsabove average nationally
Homeowners66% of occupied units
NotableHighly Educated31% bachelor's · 15% graduate · top 4% nationally
NotableHigh Incomes$106k/year · top 11% 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 6.908% (6.944% 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 $331k. The median monthly rent is $1,523. 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 15.6% 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 $1,619/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $69k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westerville is $106k/year.

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What industries drive the economy in Westerville?

The largest employment sectors in Westerville are public administration (26%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.