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Somerset village, OH

ZIP 43783 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 43783

Median Home Value
$217,300
Median Rent
$562
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,396/mo PITI).

10%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.2 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 43783 in Somerset village, OH, a household would need roughly $60,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,396. That is roughly in line with the local median household income ($64,261). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
9.1%-11% vs US avg
x
Broadband Access
87.5%+1% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
1.6%-87% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
16.1%-68% vs US avg
x
Mortgage-Free
43.2%+13% vs US avg
x
$217,300
Home Value
$562
Rent
1976
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached79.0%
  • 1-unit attached0.2%
  • 2-9 units4.2%
  • 10+ units1.9%
  • Mobile home & other14.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$217,300
Median rent$562
Owner-occupied86.3%
Vacant9.1%
Price-to-income3.4x
Est. income to buy$60,000