Quick facts: Wilmington, OH

Quick Facts

96.4
Cost of Living
below US average
12,656
Population
29.95
Crime Rate per 1000
above US average
$48,407
Median Income
below US average
$319,900
Median House Price
above US average
$2457.27
Average Rent
above US average
12%
Poverty Rate
above US average
5.2%
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 $48,407.

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Income Needed to Buy

βœ— Stretch
$100k/year
Based on $319,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $100k vs median $48,407
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Income Needed to Rent

⚠ Stretch
$105k/year
Based on $2457.27/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $105k vs median $48,407
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wilmington, OH

Wilmington, Ohio, is a charming city located in Clinton County, known for its rich history and welcoming community. Founded in 1810, Wilmington has a small-town feel while offering a variety of amenities. The population is around 12,000 residents, contributing to a friendly atmosphere. The city has a vibrant downtown area adorned with unique shops, restaurants, and historic buildings, making it a pleasant place for both locals and visitors. Wilmington is home to the Wilmington College, a private liberal arts institution, which adds to the educational and cultural fabric of the city. Outdoor enthusiasts will enjoy the beautiful parks, such as the Roberts Park and the nearby Caesar Creek State Park, providing ample opportunities for hiking, fishing, and picnicking. Wilmington also hosts several annual events, including the Clinton County Corn Festival, celebrating local agriculture and community spirit. The city's location offers easy access to major highways, connecting residents to larger metropolitan areas while maintaining its peaceful small-town charm. Overall, Wilmington combines a sense of history with modern conveniences, making it a delightful place to live or visit.

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