The typical owner-occupied home in Sebring is worth about $90,300, 58% below the Ohio median of $214,800 and 73% below the national median of $332,700. Owners pay a median $1,200 a year in property taxes, about 1.33% of their home's value, close to the Ohio rate of 1.31%. The median household earns $49,541 a year, so the median home costs 1.8 times the median income (3.0 times for Ohio). 45% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Sebring at a glance
| Sebring | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $90,300 | $214,800 | $332,700 |
| Median property tax paid per year | $1,200 | $2,822 | $3,119 |
| Property tax as a share of value | 1.33% | 1.31% | 0.94% |
| Median household income | $49,541 | $71,389 | $80,734 |
| Homes lived in by their owners | 45% | 67% | 65% |
| Owner homes with a mortgage | 54% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $998 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 21.5% | 18.6% | 21.0% |
| Median rent | $1,233 | $1,034 | $1,413 |
| Rent as a share of renters' income | 46.1% | 28.3% | 30.6% |
| Median year homes were built | 1961 | 1970 | 1980 |
| Vacant homes | 14.7% | 8.1% | 10.1% |
| People below the poverty line | 20.3% | 13.3% | 12.5% |
| Population | 4,146 | 11,810,293 | 334,922,499 |
Household budgets and debt in Sebring
In Sebring, the typical owner with a mortgage spends 21.5% of household income on housing and the typical renter spends 46.1%. Above 30% is generally considered cost-burdened, which leaves less room for other debts.
20.3% of residents live below the federal poverty line, compared with 13.3% in Ohio.
If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.
Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.
Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Sebring home worth $90,300 and 46% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.
Questions about debt relief in Sebring
What is the median home value in Sebring?
About $90,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sebring?
Homeowners pay a median $1,200 a year, which is about 1.33% of the median home value. Your bill depends on your home's assessed value and local rates.
How much of their income do Sebring households spend on housing?
With a median household income of $49,541, owners with a mortgage spend a median 21.5% on housing and renters 46.1%.
More about Sebring
- Mortgage Refinance in Sebring
- Home Buying in Sebring
- Home Equity Loans in Sebring
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data