Quick facts: Wauseon, OH

Quick Facts

96.4
Cost of Living
below US average
7,463
Population
15.54
Crime Rate per 1000
below US average
$71,000
Median Income
below US average
$235,000
Median House Price
above US average
$1363
Average Rent
below US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $71,000.

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Income Needed to Buy

βœ— Stretch
$74k/year
Based on $235,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $74k vs median $71,000
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Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1363/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($71,000) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wauseon, OH

Wauseon is a charming city located in Fulton County, Ohio, known for its small-town atmosphere and community spirit. With a population of around 7,000 residents, it serves as a central hub in the region, blending rural charm with modern amenities. The city offers a variety of parks and recreational facilities, making it an ideal place for outdoor enthusiasts. Wauseon is home to several local businesses, shops, and dining establishments, providing a mix of independent stores and chain restaurants. The city's downtown area is particularly inviting, featuring historic buildings and a friendly ambiance. Education is an essential aspect of Wauseon, with the Wauseon Exempted Village School District offering quality education to children in the area. The community also hosts events and festivals throughout the year, celebrating local culture and fostering community connections. Wauseon enjoys a strategic location, with easy access to major highways, facilitating travel to nearby cities like Toledo and Defiance. The city's combination of rural beauty, community focus, and accessibility makes it a delightful place to live, work, and visit.

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