The typical owner-occupied home in Caldwell is worth about $115,300, 46% below the Ohio median of $214,800 and 65% below the national median of $332,700. Owners pay a median $982 a year in property taxes, about 0.85% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $51,208 a year, so the median home costs 2.3 times the median income (3.0 times for Ohio). 69% of occupied homes here are lived in by their owners, and 28% of those owners still have a mortgage.
Caldwell at a glance
| Caldwell | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $115,300 | $214,800 | $332,700 |
| Median property tax paid per year | $982 | $2,822 | $3,119 |
| Property tax as a share of value | 0.85% | 1.31% | 0.94% |
| Median household income | $51,208 | $71,389 | $80,734 |
| Homes lived in by their owners | 69% | 67% | 65% |
| Owner homes with a mortgage | 28% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,051 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 17.8% | 18.6% | 21.0% |
| Median rent | $724 | $1,034 | $1,413 |
| Rent as a share of renters' income | 21.2% | 28.3% | 30.6% |
| Median year homes were built | 1957 | 1970 | 1980 |
| Vacant homes | 12.1% | 8.1% | 10.1% |
| Population | 1,667 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Caldwell
At this week's average 30-year rate of 7.11%, buying the median Caldwell home of $115,300 with 20% down costs about $750 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $942, 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 $32,152 for the 20%-down payment. That payment is 18% of the median Caldwell household income of $51,208; at that income and 20% down, the 28% guideline points to a home of about $184,000.
The median rent here is $724 a month, so owning the median home costs about $26 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,060 |
|---|---|
| Loan amount | $92,240 |
| Principal and interest | $620 |
| Property taxes (0.85% a year) | $82 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $750 |
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| Down payment | $4,036 |
|---|---|
| Loan amount | $113,212 |
| Principal and interest | $762 |
| Property taxes (0.85% a year) | $82 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $942 |
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Questions about home buying in Caldwell
What is the median home value in Caldwell?
About $115,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Caldwell?
Homeowners pay a median $982 a year, which is about 0.85% 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 Caldwell?
For the median home with 20% down at 7.11%, the payment is about $750 a month. Keeping that under 28% of gross income takes about $32,152 a year.
More about Caldwell
- Mortgage Refinance in Caldwell
- Debt Relief in Caldwell
- Home Equity Loans in Caldwell
- 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