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Woodmere

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

Median Home$429,700
Median Rent$1,481/month
Population651
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare36% public administration
Home Value Growth⬆⬆+19.1% over 2 years
Retirees26% of residentsabove average nationally
Homeowners84% of occupied units
NotableAmenity Score84/100 · highly walkable area
NotableHigh Incomes$135k/year · top 6% nationally
Woodmere
OH

Frequently Asked Questions

What are today's mortgage rates in Woodmere?

As of today, the 30-year fixed mortgage rate for Woodmere 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 Woodmere?

The median home value in Woodmere is $430k. The median monthly rent is $1,481. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Woodmere?

Home values in Woodmere have increased 19.1% 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 Woodmere?

Based on a typical all-in ownership cost of $2,120/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $91k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Woodmere is $135k/year.

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What industries drive the economy in Woodmere?

The largest employment sectors in Woodmere are public administration (36%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.