The typical owner-occupied home in Atwater is worth about $130,400, 39% below the Ohio median of $214,800 and 61% below the national median of $332,700. Owners pay a median $1,932 a year in property taxes, about 1.48% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $56,467 a year, so the median home costs 2.3 times the median income (3.0 times for Ohio). 65% of occupied homes here are lived in by their owners, and 81% of those owners still have a mortgage.
Atwater at a glance
| Atwater | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $130,400 | $214,800 | $332,700 |
| Median property tax paid per year | $1,932 | $2,822 | $3,119 |
| Property tax as a share of value | 1.48% | 1.31% | 0.94% |
| Median household income | $56,467 | $71,389 | $80,734 |
| Homes lived in by their owners | 65% | 67% | 65% |
| Owner homes with a mortgage | 81% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,222 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 21.9% | 18.6% | 21.0% |
| Median rent | $791 | $1,034 | $1,413 |
| Rent as a share of renters' income | 25.7% | 28.3% | 30.6% |
| Median year homes were built | 1972 | 1970 | 1980 |
| Vacant homes | 11.8% | 8.1% | 10.1% |
| Population | 745 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Atwater
At this week's average 30-year rate of 7.11%, buying the median Atwater home of $130,400 with 20% down costs about $917 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,134, 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 $39,297 for the 20%-down payment. That payment is 19% of the median Atwater household income of $56,467; at that income and 20% down, the 28% guideline points to a home of about $187,000.
The median rent here is $791 a month, so owning the median home costs about $126 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $26,080 |
|---|---|
| Loan amount | $104,320 |
| Principal and interest | $702 |
| Property taxes (1.48% a year) | $161 |
| Homeowners insurance (our estimate, 0.5% a year) | $54 |
| PMI | $0 |
| Total per month | $917 |
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| Down payment | $4,564 |
|---|---|
| Loan amount | $128,038 |
| Principal and interest | $861 |
| Property taxes (1.48% a year) | $161 |
| Homeowners insurance (our estimate, 0.5% a year) | $54 |
| FHA mortgage insurance | $58 |
| Total per month | $1,134 |
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Questions about home buying in Atwater
What is the median home value in Atwater?
About $130,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Atwater?
Homeowners pay a median $1,932 a year, which is about 1.48% 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 Atwater?
For the median home with 20% down at 7.11%, the payment is about $917 a month. Keeping that under 28% of gross income takes about $39,297 a year.
More about Atwater
- Mortgage Refinance in Atwater
- Debt Relief in Atwater
- Home Equity Loans in Atwater
- 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