Quick facts: Findlay, OH

Quick Facts

93.4
Cost of Living
below US average
40,249
Population
19.3
Crime Rate per 1000
below US average
$54,986
Median Income
below US average
$199,900
Median House Price
above US average
$1300.82
Average Rent
below US average
10%
Poverty Rate
below US average
4.7%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $54,986.

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Income Needed to Buy

βœ— Stretch
$63k/year
Based on $199,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $54,986
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Income Needed to Rent

⚠ Stretch
$56k/year
Based on $1300.82/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $56k vs median $54,986
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Findlay, OH

Findlay, located in northwest Ohio, is the county seat of Hancock County. Known for its vibrant community and rich history, Findlay is notably recognized as a hub for education, manufacturing, and healthcare. The city is home to several colleges, including the University of Findlay, which offers a variety of undergraduate and graduate programs and contributes to the cultural fabric of the community. Findlay's economy is diverse, with industries ranging from agriculture to healthcare and manufacturing. The city is strategically located along major highways, making it an accessible point for commerce. Additionally, Findlay is well-regarded for its vibrant downtown area, which features a mix of local shops, restaurants, and cultural attractions. Outdoor enthusiasts can enjoy the scenic beauty of the area, with parks like Riverside Park and the Blanchard River providing recreational opportunities. Findlay also hosts various community events throughout the year, fostering a strong sense of community spirit. The city combines a small-town atmosphere with the conveniences and amenities of a larger urban center, making it an attractive place to live and work.

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