HousingHandbookReference data

U.S. ZIP Code · OH45502

Clark County · Springfield, OH

Typical home value

$310,822[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.1%
5-year / yr
+7.1%
10-year / yr
+7.2%

Relative price

vs U.S.
+9.4%
vs metro
+58.4%
vs state
+42.1%
ZIP 45502 location in OH
Location of ZIP 45502 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 45502 is worth $310,822 — 58.4% above the Springfield, OH median. Over the past year, values have risen 4.1%. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$3,800[3]

#Climate risk

FEMA National Risk Index ratings for Clark County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
17,692[3]
Median household income
$88,988[3]

#Migration

Household moves in and out of Clark County over a year, from IRS tax-return data.

Net migration
-88[5]
Moved in
2,752
Moved out
2,840

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
2
Middle
0
High
2
  • Shawnee Elementary School

    Elementary · Grades PK–6 · Clark-Shawnee Local

    1,019 students

  • Northwestern Elementary School

    Elementary · Grades PK–7 · Northwestern Local

    945 students

  • Northwestern Junior/Senior High School

    High · Grades 7–12 · Northwestern Local

    708 students

  • Shawnee Middle School/High School

    High · Grades 6–12 · Clark-Shawnee Local

    681 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,572
Loan principal$248,658
Down payment$62,164
Total interest paid$317,149

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,147
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
42nd percentile[1]
Rental yield
[2]
Property tax
75th percentile[3]

Frequently asked

How much is a home worth in ZIP code 45502?
The typical home in 45502 is worth $310,822, based on the Zillow Home Value Index.
Are home values rising in 45502?
Home values in 45502 are up 4.1% over the past year, and up 7.1% a year over five years.
What is the property tax rate in 45502?
The effective property tax rate in 45502 is 1.2% — roughly $3,800 a year on a typical home.
Who lives in 45502?
ZIP code 45502 has a population of 17,692 and a median household income of $88,988.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • South Vienna, OH

    Typical home
    $307,529
    Gross yield
  • South Charleston, OH

    Typical home
    $266,259
    Gross yield
  • Enon, OH

    Typical home
    $241,332
    Gross yield
  • New Carlisle, OH

    Typical home
    $216,481
    Gross yield
  • Springfield, OH

    Typical home
    $212,631
    Gross yield
  • Springfield, OH

    Typical home
    $196,207
    Gross yield

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