Cost of Living in Licking County, Ohio

$999/mo
Median Monthly Rent
$250,700
Median Home Value
14% above state averageUnaffordable

At a Glance

Median Monthly Rent
$999/mo
14% above state average
Median Home Value
$250,700
11% below national
Rent-to-Income Ratio
26.0%
% 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 Licking County Compares

Median monthly rent comparison

Licking County$999/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$999/mo
Median Gross Rent
$250,700
Median Home Value
$1,264/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Licking County, Ohio

Licking County: Strong Income, Strong Homes

Licking County's 14.8% rent-to-income ratio bests the national average, paired with a $81,033 median household income that outpaces the U.S. median by 8%. This county delivers one of the region's best affordability profiles, with incomes strong enough to support housing costs comfortably.

Ohio's Most Affordable County

Licking County's 14.8% rent-to-income ratio ranks below Ohio's 15.6% state average, the lowest in this cohort, reflecting robust median incomes that dwarf statewide norms. At $250,700, median home values also signal strong property appreciation potential statewide.

Highest Income, Best Affordability

Licking County's $81,033 median income outearns all neighbors, including Knox ($73,988) and Lake ($77,952), while its 14.8% rent-to-income ratio ranks best despite $999 rent running above several counties. This income-to-cost superiority positions Licking as the region's affordability leader.

14.8% of Income Covers Rent

Renters spend $999 monthly on gross rent—just 14.8% of the $81,033 median income—while homeowners carry $1,264, roughly 18.7% of household earnings. Licking County's elevated incomes provide substantial cushion for homeownership costs and other living expenses.

Licking County: Premium Choice

Licking County is ideal for dual-income families or professionals seeking strong earning potential paired with responsible housing costs and excellent home values. If you want the region's best affordability profile without sacrificing higher-value housing stock, Licking County delivers.

Affordability Calculator

See how your income compares to housing costs in Licking County

$

Rent Burden

14.8%

of gross income

Max Housing (28% Rule)

$1,891

per month

Owner Cost Burden

18.7%

of gross income

The median home in Licking County may be a stretch

Median home value is $250,700. Estimated monthly cost: $2,001 vs. your max of $1,891.

Rent Affordability Guide

Your rent-to-income ratio14.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Licking County, Ohio?
Licking County, Ohio has a median monthly rent of $999/mo and a median home value of $250,700. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Licking County?
The median gross rent in Licking County is $999/mo. This is 14% above state average for Ohio.
Is Licking County affordable?
Licking County is rated Unaffordable based on rent-to-income ratio of 26.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Licking County's rent compare to the state average?
Licking County's median rent of $999/mo is 14% above state average of $873/mo for Ohio.
What is the median home value in Licking County?
The median home value in Licking County, Ohio is $250,700. This is 11% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.