Cost of Living in Wood County, Ohio

$950/mo
Median Monthly Rent
$214,400
Median Home Value
9% above state averageUnaffordable

At a Glance

Median Monthly Rent
$950/mo
9% above state average
Median Home Value
$214,400
24% 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 Wood County Compares

Median monthly rent comparison

Wood County$950/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$950/mo
Median Gross Rent
$214,400
Median Home Value
$1,164/mo
Monthly Owner Cost
26.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Wood County, Ohio

Wood County balances growth with affordability

Wood County residents earning $73,124—nearly matching the national average of $74,755—spend 15.6% of income on $950 monthly rent, keeping costs manageable despite regional growth. This Toledo-adjacent county demonstrates how proximity to opportunity doesn't necessarily mean premium pricing.

Growing market matches state affordability

Wood County's 15.6% rent-to-income ratio aligns with Ohio's state average, yet its $950 median rent ranks among the highest in this comparison. This suggests Wood's slightly higher incomes successfully absorb elevated housing costs while maintaining healthy affordability ratios.

Premium pricing reflects growth momentum

Wood's $950 rent represents the region's second-highest after Warren County, while its $214,400 median home value reflects strong market demand. This northwest Ohio county has clearly benefited from Toledo metro spillover and economic vitality.

Growth prosperity funds housing premium

Households earning $73,124 spend $950 on rent or $1,164 on monthly mortgages, dedicating 15.6% to housing despite the elevated costs. Strong local employment and income levels allow residents to comfortably sustain Wood County's relatively expensive housing market.

Wood County rewards job seekers and families

Relocating to northwest Ohio's job center? Wood County's 15.6% affordability ratio combined with $73,000+ median income suggests strong employment prospects. Compare this market against your current metro—you may find better income stability alongside competitive housing costs.

Affordability Calculator

See how your income compares to housing costs in Wood County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,706

per month

Owner Cost Burden

19.1%

of gross income

The median home in Wood County may be a stretch

Median home value is $214,400. Estimated monthly cost: $1,712 vs. your max of $1,706.

Rent Affordability Guide

Your rent-to-income ratio15.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Wood County, Ohio?
Wood County, Ohio has a median monthly rent of $950/mo and a median home value of $214,400. The affordability rating is Unaffordable, with rent making up approximately 26.0% of median household income.
What is the median rent in Wood County?
The median gross rent in Wood County is $950/mo. This is 9% above state average for Ohio.
Is Wood County affordable?
Wood 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 Wood County's rent compare to the state average?
Wood County's median rent of $950/mo is 9% above state average of $873/mo for Ohio.
What is the median home value in Wood County?
The median home value in Wood County, Ohio is $214,400. This is 24% 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.