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Most Expensive and Least Expensive Cities to Own a Home in Ohio

Ohio has a diverse landscape, from the Great Lakes shoreline in the north to the Appalachian Mountains in the south. Over 11.6 million people live in the Buckeye State and many of them are homeowners. According to the U.S. Census Bureau, 66% of all dwellings are owner-occupied. 

Below, we compare the least affordable and most affordable cities to own a home. It is interesting to note that none of Ohio’s metropolitan cities make either list. 

The Least Affordable Cities to Own a Home in Ohio 

The most striking aspect about the top five least affordable cities is that they are scattered around the outer edges of the state. These are all small cities, with populations under 32,000 people. 

With the exception of East Cleveland, all of these cities are college towns. A large student population may account for overall lower incomes, making homeownership seem more unaffordable than it really is. 

In these cities, between 44% and 62% of the median income goes towards home ownership costs. This is considerably more than the “28% rule” many financial experts recommend. 

The Most Affordable Cities to Own a Home in Ohio

The top five most affordable cities are all suburbs, with median household incomes between $90,953 and $128,638. As with the least affordable cities, these places have relatively low populations. Beavercreek is the most populous at 46,600.

All of these affordable cities are low density and feature plenty of green space, including Huntington Beach in Bay Village and E. Milo Beck Park in Springboro.

In these cities, between 18% and 22% of the median income goes towards housing expenses. Incomes in these cities are considerably more than the state’s median income of $54,533. This income gap may distort the affordability of these cities. Homeownership in any of these places may still be out of the grasp of most Ohio residents.

List of All Cities in Ohio

To see how every city with over 25,000 residents in Ohio stacks up, explore the table below.

RankGeographic Area NameOwnership CostsMedian Household IncomeCost as Percent of Income
1Springboro$1,607$105,45818.3%
2Bay Village$1,739$102,91720.3%
3Beavercreek$1,572$90,95320.7%
4Hudson$2,236$128,63820.9%
5Pickerington$1,676$92,78321.7%
6Mason$1,745$96,51121.7%
7Avon$1,945$104,12522.4%
8Dublin$2,533$135,51422.4%
9Perrysburg$1,728$91,28122.7%
10Solon$1,989$104,62522.8%
11Stow$1,384$72,78222.8%
12Aurora$1,793$94,14122.9%
13Strongsville$1,663$87,26422.9%
14Avon Lake$1,680$87,52523.0%
15Hilliard$1,844$95,83123.1%
16North Ridgeville$1,434$74,30923.2%
17Wadsworth$1,341$69,32923.2%
18Huber Heights$1,151$59,49123.2%
19Mentor$1,340$69,06923.3%
20Broadview Heights$1,721$88,40423.4%
21Westerville$1,775$90,44323.6%
22Brunswick$1,348$68,66423.6%
23White Oak CDP, Ohio$1,246$63,11523.7%
24Tallmadge$1,388$69,82323.9%
25Sidney$1,002$50,33823.9%
26Fairfield$1,222$61,04224.0%
27Gahanna$1,700$84,42924.2%
28Upper Arlington$2,329$115,09324.3%
29South Euclid$1,195$58,76024.4%
30Green$1,509$74,16724.4%
31Riverside$991$48,62424.5%
32Boardman CDP, Ohio$1,111$54,28424.6%
33Twinsburg$1,582$77,02124.6%
34Cuyahoga Falls$1,117$54,25024.7%
35Parma$1,152$55,53624.9%
36Niles$880$42,35524.9%
37Sylvania$1,489$71,56325.0%
38Pataskala$1,520$72,90825.0%
39Lebanon$1,396$66,75425.1%
40Kettering$1,204$56,89325.4%
41North Canton$1,259$59,38925.4%
42Westlake$1,772$83,43425.5%
43Troy$1,099$51,68625.5%
44Piqua$925$43,46825.5%
45Middleburg Heights$1,316$61,70925.6%
46Streetsboro$1,356$63,27125.7%
47Centerville$1,539$71,22125.9%
48Massillon$1,001$46,31125.9%
49Marysville$1,535$70,79326.0%
50Eastlake$1,137$52,25526.1%
51Reynoldsburg$1,440$66,03726.2%
52Brook Park$1,136$51,62626.4%
53Grove City$1,534$69,47926.5%
54Defiance$1,070$48,45826.5%
55Austintown CDP, Ohio$977$44,21126.5%
56Miamisburg$1,340$60,63026.5%
57North Olmsted$1,410$63,70126.6%
58Berea$1,314$59,22926.6%
59Medina$1,420$63,88826.7%
60Barberton$942$42,31526.7%
61Ashland$1,002$44,75726.9%
62Delaware$1,484$66,03527.0%
63Tiffin$942$41,77827.1%
64Whitehall$929$41,02227.2%
65North Royalton$1,595$70,42927.2%
66Findlay$1,146$50,48027.2%
67Willoughby$1,322$58,21427.3%
68Norwalk$1,036$45,56527.3%
69Vandalia$1,239$54,37927.3%
70Forest Park$1,263$54,97427.6%
71Oregon$1,304$56,59927.6%
72Parma Heights$1,169$49,32628.4%
73Springfield$882$37,05928.6%
74Chillicothe$1,052$44,02728.7%
75Marion$893$37,33328.7%
76Fairborn$1,121$46,75728.8%
77Xenia$1,001$41,61128.9%
78Painesville$1,161$48,22228.9%
79New Philadelphia$1,054$43,55229.0%
80Fairview Park$1,401$57,75229.1%
81Hamilton$1,058$43,28029.3%
82Elyria$1,064$43,36029.4%
83Rocky River$1,756$70,34130.0%
84Lima$879$35,17230.0%
85Mount Vernon$1,029$41,09830.0%
86Mansfield$897$35,69730.2%
87Mayfield Heights$1,343$53,37330.2%
88Maple Heights$1,034$41,01930.2%
89Newark$1,067$42,11630.4%
90Garfield Heights$1,063$41,84130.5%
91Fremont$905$35,53530.6%
92Columbus$1,315$51,61230.6%
93Alliance$893$35,02030.6%
94Sandusky$932$36,44830.7%
95Shaker Heights$2,152$83,42031.0%
96Cleveland Heights$1,473$56,99331.0%
97Wooster$1,200$46,38431.0%
98Akron$987$37,53331.6%
99Norwood$1,205$44,57032.4%
100Middletown$1,075$39,52032.6%
101Lakewood$1,409$51,32332.9%
102Lancaster$1,158$41,88133.2%
103Toledo$1,026$37,10033.2%
104Steubenville$993$35,55933.5%
105Canton$888$31,73533.6%
106Lorain$1,044$37,01433.8%
107Ashtabula$847$29,33834.6%
108Youngstown$781$26,95134.8%
109Euclid$1,107$37,66235.3%
110Portsmouth$870$29,01636.0%
111Trotwood$1,051$34,94836.1%
112Warren$853$28,17336.3%
113Dayton$974$31,39537.2%
114Zanesville$900$28,25838.2%
115Cincinnati$1,300$38,54240.5%
116Cleveland$988$29,00840.9%
117Kent$1,339$36,44144.1%
118Bowling Green$1,398$35,31047.5%
119Athens$1,402$27,43561.3%
120Oxford$1,394$27,23861.4%
121East Cleveland$1,107$21,43962.0%

Methodology

To find the least and most affordable cities in Ohio we turned to the 2018 American Community Survey. We pulled data from the Housing survey as well as the Economic survey to get a fuller picture on home owner affordability in every CDP in Ohio. We then filtered for only CDPs with greater than 25,000 people. To get the affordability margin we took the median monthly housing costs which include mortgage, insurance and tax costs and multiplied by 12. We then divided that amount by the median income for each CDP.

Sources:

State population; Owner-occupied housing, & State median income

https://www.census.gov/quickfacts/OH

The “28% Rule”

https://www.investopedia.com/articles/pf/05/030905.asp

https://www.quickenloans.com/learn/percentage-income-mortgage

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