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Wilmot

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

Median Home$156,400
Median Rent$899/month
Population280
Leading IndustriesTransportation · Retail · Manufacturing6% transportation
Home Value Growth⬆⬆⬆+34.9% over 2 years
Family-Friendly28% of residentswell above average
Homeowners72% of occupied units
Wilmot
OH

Frequently Asked Questions

What are today's mortgage rates in Wilmot?

As of today, the 30-year fixed mortgage rate for Wilmot is approximately 7.059% (7.101% 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 Wilmot?

The median home value in Wilmot is $156k. The median monthly rent is $899. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wilmot?

Home values in Wilmot have increased 34.9% 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 Wilmot?

Based on a typical all-in ownership cost of $942/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wilmot is $65k/year.

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What industries drive the economy in Wilmot?

The largest employment sectors in Wilmot are retail (22%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.