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Buying a home in Dola, Ohio

The typical owner-occupied home in Dola is worth about $55,000, 74% below the Ohio median of $214,800 and 83% below the national median of $332,700. Owners pay a median $1,400 a year in property taxes, about 2.55% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $27,292 a year, so the median home costs 2.0 times the median income (3.0 times for Ohio). 90% of occupied homes here are lived in by their owners, and 18% of those owners still have a mortgage.

Dola at a glance

Dola Ohio U.S.
Median home value $55,000 $214,800 $332,700
Median property tax paid per year $1,400 $2,822 $3,119
Property tax as a share of value 2.55% 1.31% 0.94%
Median household income $27,292 $71,389 $80,734
Homes lived in by their owners 90% 67% 65%
Owner homes with a mortgage 18% 61% 61%
Median monthly costs, owners with a mortgage – $1,517 $1,963
Median rent – $1,034 $1,413
Median year homes were built 1938 1970 1980
Vacant homes 0.0% 8.1% 10.1%
Population 126 11,810,293 334,922,499

What a typical home costs per month in Dola

At this week's average 30-year rate of 7.11%, buying the median Dola home of $55,000 with 20% down costs about $436 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $527, 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 $18,676 for the 20%-down payment. That payment is 19% of the median Dola household income of $27,292; at that income and 20% down, the 28% guideline points to a home of about $80,000.

20% down, 30-year conventional loan
Down payment$11,000
Loan amount$44,000
Principal and interest$296
Property taxes (2.55% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$23
PMI$0
Total per month$436

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3.5% down, 30-year FHA loan
Down payment$1,925
Loan amount$54,004
Principal and interest$363
Property taxes (2.55% a year)$117
Homeowners insurance (our estimate, 0.5% a year)$23
FHA mortgage insurance$24
Total per month$527

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Questions about home buying in Dola

What is the median home value in Dola?

About $55,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Dola?

Homeowners pay a median $1,400 a year, which is about 2.55% 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 Dola?

For the median home with 20% down at 7.11%, the payment is about $436 a month. Keeping that under 28% of gross income takes about $18,676 a year.

More about Dola

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