Quick facts: Bellaire, OH

Quick Facts

96.4
Cost of Living
below US average
3,802
Population
7.89
Crime Rate per 1000
below US average
$40,650
Median Income
below US average
$135,000
Median House Price
above US average
$1100.0
Average Rent
below US average
24%
Poverty Rate
above US average
6.1%
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 $40,650.

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Income Needed to Buy

βœ— Stretch
$42k/year
Based on $135,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $42k vs median $40,650
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Income Needed to Rent

⚠ Stretch
$47k/year
Based on $1100.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $47k vs median $40,650
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bellaire, OH

Bellaire is a small village located in Belmont County, Ohio, along the banks of the Ohio River. As of the latest census, it has a population of just over 4,000 residents, making it a tight-knit community with a rich history. Bellaire is part of the Wheeling, WV-OH Metropolitan Statistical Area, which influences its economy and culture. The village is known for its historic architecture and small-town charm. Key landmarks include the Bellaire Viaduct, one of the longest steel arch bridges in the world, offering picturesque views of the river. The local economy has traditionally been centered around industries such as glass and steel production, although, like many small towns, it has faced economic challenges in recent years. Recreational opportunities abound with nearby parks, the Ohio River for fishing and boating, and various community events that foster a strong sense of local pride. Bellaire is also conveniently located near larger cities, providing residents easy access to broader amenities while maintaining its quaint, rural character. Overall, Bellaire offers a cozy atmosphere with a rich historical backdrop, perfect for those who appreciate small-town life.

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