Foreclosure Real Estate Market in Meigs County, Ohio
Meigs County, Ohio, offers promising opportunities for those interested in foreclosure properties. As of mid-2024, the median home price in Meigs County is approximately $154,900, reflecting a slight year-over-year increase. Foreclosure properties often provide chances to purchase homes below market value. Homes typically spend around 227 days on the market, indicating a moderately active market. Recent sales, including foreclosures, range from $17,000 to $199,000, showcasing diverse investment opportunities.
Economic Overview
The economy of Meigs County is driven by sectors such as agriculture, manufacturing, and small businesses. The unemployment rate in Meigs County is about 4.6%, which is close to the national average. The median household income in Meigs County is approximately $45,000, reflecting the region's mixed urban and rural character.
Demographic Profile
Meigs County has a population of around 23,000 people. The demographic composition is predominantly White (about 97%), with a stable population size over recent years. The median age is approximately 43 years, indicating a mature population. This demographic structure influences the demand for various types of housing and services, including family-oriented facilities and healthcare.
Educational Standing
Education in Meigs County is served by several public school districts, including Meigs Local School District and Eastern Local School District. The county's educational attainment is comparable to the state average, with about 88% of residents having a high school diploma and around 15% holding a bachelor’s degree or higher. Schools in the area, such as Meigs Intermediate School and Eastern Elementary, generally receive moderate ratings, reflecting efforts
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