Cost of Living in Knox County, Ohio

$925/mo
Median Monthly Rent
$218,300
Median Home Value
6% above state averageUnaffordable

At a Glance

Median Monthly Rent
$925/mo
6% above state average
Median Home Value
$218,300
23% below national
Rent-to-Income Ratio
29.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Knox County Compares

Median monthly rent comparison

Knox County$925/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$925/mo
Median Gross Rent
$218,300
Median Home Value
$1,050/mo
Monthly Owner Cost
29.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Knox County, Ohio

Knox County: Near National Affordability Norm

Knox County's 15.0% rent-to-income ratio beats the national average, supported by a median household income of $73,988—nearly matching the U.S. median of $74,755. Housing costs here align closely with national affordability benchmarks, making it a solid middle ground for cost-conscious relocators.

Ohio's Affordability Sweet Spot

At 15.0%, Knox County ranks below Ohio's 15.6% state average for rent-to-income ratio, placing it among the more affordable counties statewide. Median rent of $925 runs $52 above the state median, but stronger incomes here offset that cost premium.

Mid-Range Rents, Strong Earnings

Knox County's $925 median rent falls squarely between lower-cost Jefferson ($792) and higher-cost Lake ($1,073), while its $73,988 median income exceeds all nearby comparisons. This income-to-rent balance makes Knox County competitive for both renters and potential homebuyers.

Balanced Housing and Income

Monthly rent of $925 and owner costs of $1,050 consume 15.0% and roughly 17% of median income respectively, leaving Knox County households with breathing room for other expenses. The $218,300 median home value reflects strong property equity potential in the region.

Knox Offers Stability and Value

Knox County is ideal for families balancing affordability with homeownership ambitions, offering incomes and housing costs closely aligned with national norms. Explore Knox if you want region mid-range pricing without sacrificing earning potential.

Affordability Calculator

See how your income compares to housing costs in Knox County

$

Rent Burden

15.0%

of gross income

Max Housing (28% Rule)

$1,726

per month

Owner Cost Burden

17.0%

of gross income

The median home in Knox County may be a stretch

Median home value is $218,300. Estimated monthly cost: $1,743 vs. your max of $1,726.

Rent Affordability Guide

Your rent-to-income ratio15.0%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Knox County, Ohio?
Knox County, Ohio has a median monthly rent of $925/mo and a median home value of $218,300. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.
What is the median rent in Knox County?
The median gross rent in Knox County is $925/mo. This is 6% above state average for Ohio.
Is Knox County affordable?
Knox County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Knox County's rent compare to the state average?
Knox County's median rent of $925/mo is 6% above state average of $873/mo for Ohio.
What is the median home value in Knox County?
The median home value in Knox County, Ohio is $218,300. This is 23% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Knox County, Ohio? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Knox County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.