The typical owner-occupied home in Tiro is worth about $50,700, 76% below the Ohio median of $214,800 and 85% below the national median of $332,700. Owners pay a median $757 a year in property taxes, about 1.49% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $60,724 a year, so the median home costs 0.8 times the median income (3.0 times for Ohio). 78% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Tiro at a glance
| Tiro | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $50,700 | $214,800 | $332,700 |
| Median property tax paid per year | $757 | $2,822 | $3,119 |
| Property tax as a share of value | 1.49% | 1.31% | 0.94% |
| Median household income | $60,724 | $71,389 | $80,734 |
| Homes lived in by their owners | 78% | 67% | 65% |
| Owner homes with a mortgage | 41% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $763 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 13.6% | 18.6% | 21.0% |
| Median rent | $1,288 | $1,034 | $1,413 |
| Rent as a share of renters' income | 21.7% | 28.3% | 30.6% |
| Median year homes were built | 1938 | 1970 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 242 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Tiro
At this week's average 30-year rate of 7.11%, buying the median Tiro home of $50,700 with 20% down costs about $357 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $441, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $15,297 for the 20%-down payment. That payment is 7% of the median Tiro household income of $60,724; at that income and 20% down, the 28% guideline points to a home of about $201,000.
The median rent here is $1,288 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $10,140 |
|---|---|
| Loan amount | $40,560 |
| Principal and interest | $273 |
| Property taxes (1.49% a year) | $63 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| PMI | $0 |
| Total per month | $357 |
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| Down payment | $1,774 |
|---|---|
| Loan amount | $49,782 |
| Principal and interest | $335 |
| Property taxes (1.49% a year) | $63 |
| Homeowners insurance (our estimate, 0.5% a year) | $21 |
| FHA mortgage insurance | $22 |
| Total per month | $441 |
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Questions about home buying in Tiro
What is the median home value in Tiro?
About $50,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Tiro?
Homeowners pay a median $757 a year, which is about 1.49% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Tiro?
For the median home with 20% down at 7.11%, the payment is about $357 a month. Keeping that under 28% of gross income takes about $15,297 a year.
More about Tiro
- Mortgage Refinance in Tiro
- Debt Relief in Tiro
- Home Equity Loans in Tiro
- 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