Quick facts: Vandalia, OH

Quick Facts

96.4
Cost of Living
below US average
14,999
Population
17.93
Crime Rate per 1000
below US average
$73,171
Median Income
below US average
$274,900
Median House Price
above US average
$1168.75
Average Rent
below US average
7%
Poverty Rate
below US average
3.5%
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 $73,171.

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Income Needed to Buy

βœ— Stretch
$86k/year
Based on $274,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $86k vs median $73,171
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Income Needed to Rent

βœ“ Affordable
$50k/year
Based on $1168.75/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($73,171) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Vandalia, OH

Vandalia, Ohio, is a vibrant suburb located just north of Dayton in Montgomery County. Known for its friendly atmosphere, Vandalia offers a blend of residential charm and commercial convenience. The city is home to several parks, including the expansive Vandalia Sports Complex, providing ample recreational opportunities for families and sports enthusiasts. Vandalia's location is advantageous for commuters, with easy access to major highways and proximity to Dayton International Airport. The city has a diverse mix of small businesses, restaurants, and shopping centers that serve the local community. Education is a focus in Vandalia, with schools that are part of the Vandalia-Butler City School District, known for its commitment to academic excellence. The community hosts various events throughout the year, fostering a strong sense of local pride and engagement. Overall, Vandalia embodies a welcoming suburban environment with a rich community spirit while maintaining proximity to the amenities of larger urban centers.

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