The typical owner-occupied home in Limaville is worth about $114,900, 47% below the Ohio median of $214,800 and 65% below the national median of $332,700. Owners pay a median $739 a year in property taxes, about 0.64% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $83,603 a year, so the median home costs 1.4 times the median income (3.0 times for Ohio). 100% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Limaville at a glance
| Limaville | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $114,900 | $214,800 | $332,700 |
| Median property tax paid per year | $739 | $2,822 | $3,119 |
| Property tax as a share of value | 0.64% | 1.31% | 0.94% |
| Median household income | $83,603 | $71,389 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 60% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $503 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 10.8% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1938 | 1970 | 1980 |
| Vacant homes | 0.0% | 8.1% | 10.1% |
| Population | 110 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Limaville
At this week's average 30-year rate of 7.11%, buying the median Limaville home of $114,900 with 20% down costs about $728 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $919, 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 $31,179 for the 20%-down payment. That payment is 10% of the median Limaville household income of $83,603; at that income and 20% down, the 28% guideline points to a home of about $308,000.
| Down payment | $22,980 |
|---|---|
| Loan amount | $91,920 |
| Principal and interest | $618 |
| Property taxes (0.64% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $728 |
Change the numbers in the calculator
| Down payment | $4,022 |
|---|---|
| Loan amount | $112,819 |
| Principal and interest | $759 |
| Property taxes (0.64% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $919 |
Change the numbers in the calculator
Questions about home buying in Limaville
What is the median home value in Limaville?
About $114,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Limaville?
Homeowners pay a median $739 a year, which is about 0.64% 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 Limaville?
For the median home with 20% down at 7.11%, the payment is about $728 a month. Keeping that under 28% of gross income takes about $31,179 a year.
More about Limaville
- Mortgage Refinance in Limaville
- Debt Relief in Limaville
- Home Equity Loans in Limaville
- 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