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Cost of Living in Trotwood, OH

Population 23,041 · Census ACS 2020–2024 5-year estimates

Median rent$1,031
Median home value$113,200
Median household income$50,113

The median rent in Trotwood, OH is $1,031/month, about the same as the Ohio median and 27% lower than the U.S. median. The median home value is $113,200, 66% lower than the national median. Households earn a median of $50,113 a year, 30% lower than the state median.

Affordability

Rent as a share of median income: 24.7%
Income needed for median rent (30% rule): $41,240/yr
Home price-to-income ratio: 2.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $572/mo

Run your own numbers: mortgage calculator · hourly to salary

Trotwood vs. Ohio vs. U.S.

TrotwoodOhioU.S.
Median rent$1,031$1,034$1,413
Median home value$113,200$214,800$332,700
Median household income$50,113$71,389$80,734
Homeownership rate57.6%67.2%65.2%
Bachelor's degree or higher19.3%31.5%35.7%
Poverty rate21.5%13.3%12.5%
Unemployment rate8.6%4.8%5.2%
Work from home8.6%13.0%15.1%
Median age44.639.738.9

FAQ

What is the average rent in Trotwood, OH?

The median gross rent in Trotwood, OH is $1,031 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Trotwood, OH?

Using the common 30% rule, renting a median-priced home takes about $41,240 a year in gross income.

Is Trotwood, OH expensive to live in?

Rent there is 27% lower than the U.S. median, and the median home costs about 2.3 times the median household income.

Other cities in Ohio

Columbus, OHRent $1,295 · Income $66,082Cleveland, OHRent $945 · Income $40,801Cincinnati, OHRent $1,001 · Income $52,909Toledo, OHRent $901 · Income $49,724Akron, OHRent $955 · Income $48,076Dayton, OHRent $918 · Income $45,247

Cities with a similar cost of living

Buffalo, NYRent $1,046 · Income $50,041Scranton, PARent $1,048 · Income $50,739Texarkana, TXRent $1,010 · Income $50,573Greenville, NCRent $1,007 · Income $49,748Rexburg, IDRent $1,004 · Income $50,617Baton Rouge, LARent $1,067 · Income $49,994

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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