Canton, Ohio, often overlooked in favor of flashier markets, is actually a compelling location for real estate investors who are looking for affordability, stability, and potential for growth. Here's why Canton deserves a spot on your investment radar.
First, this city is home to a variety of neighborhoods, each with its own distinct energy. Families tend to favor areas like Perry Township and Jackson Township, while young professionals lean toward revitalized downtown Canton. Investors can find exciting opportunities in neighborhoods like North Canton, where revitalization projects are attracting new residents and businesses. A number of cultural opportunities keep residents and visitors intrigued, while nature lovers can explore the many scenic State Parks.
The city serves as a regional hub for manufacturing, with major employers like Metallus Inc. and Diebold Nixdorf. The healthcare industry also provides a significant number of job opportunities, with Aultman Hospital and Cleveland Clinical Mercy Hospital at the top. A growing education sector, fueled by Malone University and Stark State College, injects a youthful energy into the city. This diversified economic base fosters stability and provides protection against economic downturns, making Canton an attractive destination for investors.