Quick facts: Mc clure, OH

Quick Facts

96.4
Cost of Living
below US average
693
Population
7.22
Crime Rate per 1000
below US average
$55,938
Median Income
below US average
$145,000
Median House Price
above US average
$1363
Average Rent
below US average
12%
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 $55,938.

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Income Needed to Buy

βœ“ Affordable
$45k/year
Based on $145,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($55,938) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$58k/year
Based on $1363/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $58k vs median $55,938
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mc clure, OH

Mc Clure is a small village located in Henry County, Ohio, with a population of just a few hundred residents. Nestled amidst the rural charm of the region, it offers a serene atmosphere characterized by open fields and close-knit community life. The village is primarily residential with a few local businesses that cater to the everyday needs of its inhabitants. Mc Clure is situated near larger towns such as Napoleon and Findlay, which provide additional amenities and services. The area is known for its agricultural landscape, reflective of the broader Midwest culture. Outdoor enthusiasts can enjoy the nearby parks and recreational options, while local events often bring the community together, enhancing the village’s small-town vibe. The village is also part of the Van Buren Local School District, contributing to the education of children in the community. Overall, Mc Clure represents the tranquility of rural Ohio, where community and nature intermingle to create a unique living experience.

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