The typical owner-occupied home in North Lawrence is worth about $142,500, 34% below the Ohio median of $214,800 and 57% below the national median of $332,700. Owners pay a median $1,321 a year in property taxes, about 0.93% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $76,667 a year, so the median home costs 1.9 times the median income (3.0 times for Ohio). 100% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
North Lawrence at a glance
| North Lawrence | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $142,500 | $214,800 | $332,700 |
| Median property tax paid per year | $1,321 | $2,822 | $3,119 |
| Property tax as a share of value | 0.93% | 1.31% | 0.94% |
| Median household income | $76,667 | $71,389 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 62% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,339 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 21.0% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1938 | 1970 | 1980 |
| Vacant homes | 34.3% | 8.1% | 10.1% |
| Population | 165 | 11,810,293 | 334,922,499 |
What a typical home costs per month in North Lawrence
At this week's average 30-year rate of 7.11%, buying the median North Lawrence home of $142,500 with 20% down costs about $937 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,174, 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 $40,144 for the 20%-down payment. That payment is 15% of the median North Lawrence household income of $76,667; at that income and 20% down, the 28% guideline points to a home of about $272,000.
| Down payment | $28,500 |
|---|---|
| Loan amount | $114,000 |
| Principal and interest | $767 |
| Property taxes (0.93% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $937 |
Change the numbers in the calculator
| Down payment | $4,988 |
|---|---|
| Loan amount | $139,919 |
| Principal and interest | $941 |
| Property taxes (0.93% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $63 |
| Total per month | $1,174 |
Change the numbers in the calculator
Questions about home buying in North Lawrence
What is the median home value in North Lawrence?
About $142,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in North Lawrence?
Homeowners pay a median $1,321 a year, which is about 0.93% 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 North Lawrence?
For the median home with 20% down at 7.11%, the payment is about $937 a month. Keeping that under 28% of gross income takes about $40,144 a year.
More about North Lawrence
- Mortgage Refinance in North Lawrence
- Debt Relief in North Lawrence
- Home Equity Loans in North Lawrence
- 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