The typical owner-occupied home in Ashley is worth about $153,400, 29% below the Ohio median of $214,800 and 54% below the national median of $332,700. Owners pay a median $2,158 a year in property taxes, about 1.41% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $56,596 a year, so the median home costs 2.7 times the median income (3.0 times for Ohio). 63% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Ashley at a glance
| Ashley | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $153,400 | $214,800 | $332,700 |
| Median property tax paid per year | $2,158 | $2,822 | $3,119 |
| Property tax as a share of value | 1.41% | 1.31% | 0.94% |
| Median household income | $56,596 | $71,389 | $80,734 |
| Homes lived in by their owners | 63% | 67% | 65% |
| Owner homes with a mortgage | 69% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,423 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 20.5% | 18.6% | 21.0% |
| Median rent | $1,039 | $1,034 | $1,413 |
| Rent as a share of renters' income | 25.4% | 28.3% | 30.6% |
| Median year homes were built | 1960 | 1970 | 1980 |
| Vacant homes | 6.8% | 8.1% | 10.1% |
| Population | 1,593 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Ashley
At this week's average 30-year rate of 7.11%, buying the median Ashley home of $153,400 with 20% down costs about $1,070 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,325, 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 $45,845 for the 20%-down payment. That payment is 23% of the median Ashley household income of $56,596; at that income and 20% down, the 28% guideline points to a home of about $189,000.
The median rent here is $1,039 a month, so owning the median home costs about $31 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,680 |
|---|---|
| Loan amount | $122,720 |
| Principal and interest | $826 |
| Property taxes (1.41% a year) | $180 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| PMI | $0 |
| Total per month | $1,070 |
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| Down payment | $5,369 |
|---|---|
| Loan amount | $150,622 |
| Principal and interest | $1,013 |
| Property taxes (1.41% a year) | $180 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| FHA mortgage insurance | $68 |
| Total per month | $1,325 |
Change the numbers in the calculator
Questions about home buying in Ashley
What is the median home value in Ashley?
About $153,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ashley?
Homeowners pay a median $2,158 a year, which is about 1.41% 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 Ashley?
For the median home with 20% down at 7.11%, the payment is about $1,070 a month. Keeping that under 28% of gross income takes about $45,845 a year.
More about Ashley
- Mortgage Refinance in Ashley
- Debt Relief in Ashley
- Home Equity Loans in Ashley
- 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