The total amount of properties with foreclosure filings in the state of Ohio is about 101,614 properties in the past year, averaging out to one filing for every 50 households, close to the United States average of 45. This is a little more than two percent of the state's housing units.
Ohio is the 7th largest U.S. state by population, with 11,542,645 people, and the 10th most densely populated state in the nation. Its 44,825 square miles make it the 34th largest state by area. Median household income is $47,988. The state total gross domestic product is $478 billion, the 7th largest economy in the nation.
Until the 1960's Ohio was one of the country's top industrial centers, producing iron, steel, copper and automobile parts. But as America's manufacturing leadership declined, that sector suffered a serious fall-off in Ohio and other states in the so-called "Rust Belt." Ohio still has a lot manufacturing, but the number of white collar jobs has been rising since the 1990's. The state is thought to have a favorable corporate climate, and is home to major companies including Proctor & Gamble, Goodyear, and Firestone.