The typical home in Canton, OH is worth about $165,000.
With 20% down that's a loan near $132,000 — the calculator
is pre-filled with that figure. Canton is home to the Pro Football Hall of Fame, whose annual enshrinement week is one of the few times the metro sees a tourism spike, but the local economy otherwise mirrors the broader Rust Belt decline in Stark County manufacturing. Home prices remain among the lowest of any Ohio metro, though the state's above-average property tax rate still applies.
$857.03 / month
Total interest
$176,528
Total paid
$308,528
Payoff
30.0 years
How much you need to earn
Canton, OH's median household income is about
$55,000 a year. Under standard 28/36
lending rules that supports a home price around
$175,854 with 20% down —
comfortably above the $165,000 typical price.
Typical asking rent in Canton, OH is about $1,000 a month, so owning the median home costs roughly
$213 more per month before tax
effects, maintenance, and any change in home value.
Frequently asked questions
What is a typical mortgage payment in Canton, OH?
On the metro's roughly $165,000 typical home with 20% down, the loan is about $132,000. Principal and interest run near $857 a month at today's rate, and Canton, OH's property tax plus insurance add about $356, for a full payment near $1,213.
Can I afford a home in Canton, OH on the median income?
The median household income is about $55,000 a year. Under standard 28/36 lending rules that supports a home price around $175,854 with 20% down — above the $165,000 typical price, so a median home is within reach.
Is it cheaper to rent or buy in Canton, OH?
Typical asking rent is about $1,000 a month. The full owner payment on a median home is near $1,213, so owning costs roughly $213 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Canton, OH?
The effective property tax rate in the core county is about 1.80% of market value — roughly $2,970 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Canton, OH rising or falling?
Home values are up about 5% over the past year. Canton is home to the Pro Football Hall of Fame, whose annual enshrinement week is one of the few times the metro sees a tourism spike, but the local economy otherwise mirrors the broader Rust Belt decline in Stark County manufacturing. Home prices remain among the lowest of any Ohio metro, though the state's above-average property tax rate still applies.