Cost of Living in Knox 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 Knox County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Knox County ranks #2,204 of 3,142 counties for affordability (bottom 30%)
Sourced county brief
Knox County Home Values Above Ohio Unweighted County Mean
Median home value in Knox County was estimated at $239,400, which is $43,075 above the unweighted county mean for Ohio of $196,325. The official gross rent as a percentage of household income (GRAPI), found in ACS table B25071, was 27.4%. This official percentage is 0.5 percentage points higher than the state unweighted county mean of 26.9%. Median gross rent for the county was $950 per month, compared to the state unweighted mean of $904. For home owners, the median selected monthly owner cost was $1,106. The median income for renter-occupied households was reported at $41,529. All figures are based on the ACS 2020-2024 5-Year Estimates. See ACS table B25071 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: Knox County
Affordability Verdict
ACS B25071 estimates median gross rent at 27.4% of renter household income in Knox 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 $950 per month; median selected monthly owner costs are $1,106. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $38,000 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. Knox County's $950 median is 5.1% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Knox County
Rent Burden
15.4%
of gross income
Max Housing (28% Rule)
$1,724
per month
Owner Cost Burden
18.0%
of gross income
The median home in Knox County may be a stretch
Median home value is $239,400. Estimated monthly cost: $1,911 vs. your max of $1,724.
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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