Income needed to buy a home

Meigs County, OH

$38,833

a year in household income to buy the typical Meigs County home with 10% down.

The monthly math

Typical home value$115,811
Down payment (10%)$11,581
Loan$104,230
Principal and interest (7.40%)$722/mo
Property tax (0.86% a year)$83/mo
Homeowners insurance (estimate)$58/mo
Mortgage insurance$43/mo
Total monthly cost$906/mo

Income needed keeps housing at 28% of gross income, the lender rule of thumb.

What locals earn

Within reach

The typical household here earns $46,873 a year, 21% more than it takes.

In Ohio

Meigs County ranks #1 of 88 for the income a home takes, from least to most.

Easiest to afford in Ohio

CountyTypical homeIncome needed
Jefferson County$127,407$43,049
Belmont County$133,163$45,355
Harrison County$145,138$48,946
Jackson County$147,176$49,570
Scioto County$145,722$50,028

Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.