Quick facts: Atwater, OH

Quick Facts

96.4
Cost of Living
below US average
742
Population
53.91
Crime Rate per 1000
above US average
$60,521
Median Income
below US average
$199,900
Median House Price
above US average
$1363
Average Rent
below US average
10%
Poverty Rate
below US average
4.2%
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 $60,521.

🏠

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 $60,521
🏒

Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1363/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($60,521) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Atwater, OH

Atwater is a small, charming village located in Portage County, Ohio. This community offers a serene, rural atmosphere, making it an ideal place for those who appreciate a quiet lifestyle. With a population of just over 1,500 residents, Atwater embodies a close-knit community where neighbors know each other well. The village is surrounded by picturesque landscapes, including lush farmlands and parks, perfect for outdoor enthusiasts. Local parks provide recreational opportunities such as hiking, fishing, and picnicking. Atwater is also home to several traditional Ohio structures that reflect its rich history, giving the area a quaint, nostalgic feel. While Atwater's size means fewer amenities, residents have access to essential services and local shops that cater to day-to-day needs. The village is conveniently located near larger towns like Ravenna and Akron, providing easy access to more extensive shopping, dining, and entertainment options. With its blend of rural charm and proximity to urban conveniences, Atwater represents a unique slice of Ohio life, appealing to those seeking tranquility and community spirit.

πŸ” Search & Compare Places

First Location πŸ“