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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Phillipsburg, OH Housing Affordability Index

Phillipsburg, Ohio has an MBR Housing Affordability Index score of 147.8 (Highly Affordable) as of October 30, 2026, ranking 379th most affordable of 981 scored Ohio cities, compared with 112.1 statewide and 97.4 nationally. On a median-priced $152,200 home with 20% down, the Ohio average 30-year fixed rate of 7.29% means a monthly principal and interest payment of about $834, or 13% of the city’s $74,722 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Phillipsburg is updated every night from live Ohio mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Phillipsburg MBR-HAI 147.8 Highly Affordable
Rank in Ohio 379 of 981 1 = most affordable
Ohio 112.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.29% Ohio lenders
Median home value $152,200 U.S. Census Bureau

Phillipsburg is 35.7 points above the Ohio score. Scores as of October 30, 2026. See the Ohio index

View Phillipsburg Mortgage Rates

What It Takes to Buy in Phillipsburg

$834/mo
Principal & Interest
Median home, 20% down, 7.29%
$35,700
Income Needed
To keep the payment at 28% of income
$74,722
Median Household Income
Ohio: $71,389
2.0x
Price-to-Income Ratio
Ohio: 3.0x
$944/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$2,688/yr
Median Property Tax
1.77% of median value
12.1%
Owner Cost Burden
Owners spending 30%+ of income on housing
48.9%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Phillipsburg, Ohio. The rate is the Ohio average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Phillipsburg Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Phillipsburg, Ohio score: 147.8 (Highly Affordable), ranked 379 of 981 Ohio cities. monitorbankrates.com/housing-affordability-index/ohio/phillipsburg”