Cost of Living in Wadsworth, OH
Population 24,492 · Census ACS 2020–2024 5-year estimates
The median rent in Wadsworth, OH is $1,067/month, 3% higher than the Ohio median and 24% lower than the U.S. median. The median home value is $247,900, 25% lower than the national median. Households earn a median of $79,490 a year, 11% higher than the state median.
Affordability
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Wadsworth vs. Ohio vs. U.S.
| Wadsworth | Ohio | U.S. | |
|---|---|---|---|
| Median rent | $1,067 | $1,034 | $1,413 |
| Median home value | $247,900 | $214,800 | $332,700 |
| Median household income | $79,490 | $71,389 | $80,734 |
| Homeownership rate | 67.9% | 67.2% | 65.2% |
| Bachelor's degree or higher | 41.1% | 31.5% | 35.7% |
| Poverty rate | 8.1% | 13.3% | 12.5% |
| Unemployment rate | 2.9% | 4.8% | 5.2% |
| Work from home | 16.3% | 13.0% | 15.1% |
| Median age | 40.0 | 39.7 | 38.9 |
FAQ
What is the average rent in Wadsworth, OH?
The median gross rent in Wadsworth, OH is $1,067 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Wadsworth, OH?
Using the common 30% rule, renting a median-priced home takes about $42,680 a year in gross income.
Is Wadsworth, OH expensive to live in?
Rent there is 24% lower than the U.S. median, and the median home costs about 3.1 times the median household income.
Other cities in Ohio
Cities with a similar cost of living
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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