Quick facts: Fremont, OH

Quick Facts

96.4
Cost of Living
below US average
15,825
Population
23.13
Crime Rate per 1000
above US average
$48,252
Median Income
below US average
$159,900
Median House Price
above US average
$875.5
Average Rent
below US average
14%
Poverty Rate
above US average
4.0%
Unemployment Rate
below 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 $48,252.

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Income Needed to Buy

βœ— Stretch
$50k/year
Based on $159,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $50k vs median $48,252
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Income Needed to Rent

βœ“ Affordable
$38k/year
Based on $875.5/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($48,252) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fremont, OH

Fremont, Ohio, is a historic city located in Sandusky County, known for its rich heritage and vibrant community. With a population of around 16,000, Fremont offers a blend of small-town charm and modern amenities. The city's historical significance is highlighted by its connection to former U.S. President Rutherford B. Hayes, whose birthplace is nearby. Visitors can explore the Rutherford B. Hayes Presidential Library and Museums, which showcases artifacts from his life and the Civil War era. Fremont's downtown area features unique shops, restaurants, and local events that foster community spirit. The city is surrounded by beautiful parks and recreational areas, including the expansive Creek Bend Farm, providing ample opportunities for outdoor activities like hiking, fishing, and picnicking. Fremont also emphasizes education, with several highly regarded schools and a community college that supports lifelong learning. The local economy is a mix of manufacturing, retail, and healthcare, contributing to its stability and growth. Overall, Fremont, OH, is a welcoming city with a strong sense of community and a commitment to preserving its rich history while moving toward a bright future.

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