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Westfall Local

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

Median Home$272,464
Median Rent$993/month
Population8,815
Leading IndustriesInformation & Media · Finance & Insurance · Wholesale Trade11% information & media
Home Value Growth⬆⬆+15.6% over 2 years
Young Adults26% of residents
Homeowners85% of occupied units
NotableVeteran Community8% of residents · top 27% nationally
Westfall Local
OH

Frequently Asked Questions

What are today's mortgage rates in Westfall Local?

As of today, the 30-year fixed mortgage rate for Westfall Local is approximately 7.004% (7.044% 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 Westfall Local?

The median home value in Westfall Local is $272k. The median monthly rent is $993. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Westfall Local?

Home values in Westfall Local 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 Westfall Local?

Based on a typical all-in ownership cost of $1,227/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Westfall Local is $83k/year.

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What industries drive the economy in Westfall Local?

The largest employment sectors in Westfall Local are public administration (20%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.