Quick facts: Middletown, OH

Quick Facts

96.4
Cost of Living
below US average
51,229
Population
24.13
Crime Rate per 1000
above US average
$50,457
Median Income
below US average
$239,900
Median House Price
above US average
$1997.57
Average Rent
above US average
9%
Poverty Rate
below US average
6.5%
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 $50,457.

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Income Needed to Buy

βœ— Stretch
$75k/year
Based on $239,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $75k vs median $50,457
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Income Needed to Rent

⚠ Stretch
$86k/year
Based on $1997.57/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $86k vs median $50,457
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Middletown, OH

Middletown, Ohio, located in Butler and Warren counties, is a city with a rich history and vibrant community. With a population of approximately 48,000, Middletown is situated between Cincinnati and Dayton, making it part of the Greater Cincinnati metropolitan area. Founded in the early 19th century, Middletown was originally a manufacturing hub, particularly known for its steel production and automotive industries. The city features a diverse array of parks and recreational opportunities, including the expansive Smith Park and the scenic Great Miami River, ideal for outdoor activities like hiking, fishing, and kayaking. Middletown's historic downtown area boasts charming architecture, local shops, and eateries, fostering a sense of community. Culturally, Middletown is home to various events and festivals throughout the year, celebrating its heritage and fostering community spirit. Notable educational institutions, including Middletown City Schools and the nearby Miami University regionals, contribute to the city’s development and community engagement. Middletown reflects a blend of small-town charm and accessibility to larger urban amenities, making it a welcoming place for residents and visitors alike.

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