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Zane Trace Local

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

Median Home$199,356
Median Rent$774/month
Population9,246
Leading IndustryRetail24% of local workforce
Home Value Growth+10.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners72% of occupied units
Zane Trace Local
OH

Frequently Asked Questions

What are today's mortgage rates in Zane Trace Local?

As of today, the 30-year fixed mortgage rate for Zane Trace Local is approximately 6.994% (7.034% 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 Zane Trace Local?

The median home value in Zane Trace Local is $199k. The median monthly rent is $774. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Zane Trace Local?

Home values in Zane Trace Local have increased 10.3% 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 Zane Trace Local?

Based on a typical all-in ownership cost of $831/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Zane Trace Local is $80k/year.

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What industries drive the economy in Zane Trace Local?

The largest employment sectors in Zane Trace Local are retail (24%) and public administration (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.