30 Year Fixed
- 5.34 %
15 Year Fixed
- 4.94 %
1-Year ARM
- 4.07 %
5/1 ARM
- 4.94 %
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Guide to Ohio Mortgages

Ohio

Ohio is located in the Mid Western area of the United States and is the 7th largest state in the United States by area. Ohio was the first state admitted to the Union under the Northwest Ordinance and people from the state are commonly referred to as Buckeyes.

The state’s total population is around 11,466,917 which make it the 9th most populated state in the nation. Its demographics are as follows; 86.27% Caucasian; 12.66% African American; 0.66% American Indian; 1.68% Asian American; 0.07% Mixed. The economy for this state is based upon major industries such as machines, tires, tools, processed foods and automobile parts to name a few.  Ohio’s gross state product is estimated at $461.3 billion. The per capita personal income is estimated at $30,129 ranking it at 25th in the nation.

Columbus is the state capital and has a population of 1,754,337. It is home to Ohio State University and is located in the geographical center of the state. The largest city is Cleveland with 2,250,871 and then Cincinnati with 2,133,678.

Ohio has a humid continental climate causing typically hot, humid summers and cold winters. The record low for the state is -39 degrees with the record high set at 113 degrees.

 

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Ohio Housing Statistics
OhioUSA
Total Housing4,783,051121,699,874
Total Urban3,775,67994,464,240
Total Rural1,007,37227,235,633
Occupied4,445,773110,754,106
Vacant337,27810,945,767
Owner Occupied3,072,52273,306,541
Renter Occupied1,373,25137,447,565
Vacant for Rent125,0952,745,385
Vacant for Sale48,4041,264,534
 
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