Cost of Living in Holmes County, Ohio
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Holmes County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Holmes County ranks #1,588 of 3,142 counties for affordability (bottom 49%)
Sourced county brief
Holmes County Median Home Value Reaches $267,700
The median home value in Holmes County was $267,700, which is $71,375 above the Ohio unweighted county mean of $196,325. For those in rental units, the median gross rent was $816 per month. The official median gross rent as a percentage of household income (GRAPI) was 25.5%, which is 1.4 percentage points below the state unweighted county mean official GRAPI of 26.9%. Median selected monthly owner costs for all owner-occupied households were $940, compared to the state unweighted county mean of $974. Renter households in the county had a median income of $50,345. These statistics represent findings from the 2020-2024 ACS 5-Year Estimates and offer a fixed view of local housing costs. See ACS table B25077 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Holmes County
Affordability Verdict
ACS B25071 estimates median gross rent at 25.5% of renter household income in Holmes County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $816 per month; median selected monthly owner costs are $940. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $32,640 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Ohio unweighted mean of county median rents is $904 per month. Holmes County's $816 median is 9.7% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Holmes County
Rent Burden
12.9%
of gross income
Max Housing (28% Rule)
$1,777
per month
Owner Cost Burden
14.8%
of gross income
The median home in Holmes County may be a stretch
Median home value is $267,700. Estimated monthly cost: $2,137 vs. your max of $1,777.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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