Quick facts: Leesburg, OH

Quick Facts

96.4
Cost of Living
below US average
1,270
Population
14.17
Crime Rate per 1000
below US average
$71,700
Median Income
below US average
$285,000
Median House Price
above US average
$595.0
Average Rent
below US average
8%
Poverty Rate
below US average
4.5%
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 $71,700.

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Income Needed to Buy

βœ— Stretch
$89k/year
Based on $285,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $71,700
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Income Needed to Rent

βœ“ Affordable
$25k/year
Based on $595.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($71,700) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Leesburg, OH

Leesburg is a quaint village located in Highland County, Ohio. Founded in 1814, it sits at the intersection of several rural routes, making it a charming small-town destination. The village has a population of around 1,800 residents, fostering a close-knit community atmosphere. The area is characterized by its scenic landscapes, highlighted by rolling hills and agricultural fields typical of southern Ohio. Outdoor enthusiasts will find opportunities for hiking and fishing in the nearby parks and natural areas. The local economy is mainly supported by agriculture, with several farms thriving in the vicinity. Leesburg hosts various community events throughout the year, including festivals that celebrate its rich history and heritage. The village is also home to several historical landmarks, lending insight into its past. Visitors can enjoy local dining options that reflect the region's rural charm. With its friendly ambiance, historical significance, and beautiful surroundings, Leesburg presents an appealing location for those looking to experience small-town life in Ohio.

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