Cost of Living in Commercial Point, OH

Population 3,106 · Ohio · Data vintage 2023

103
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Commercial Point sits on the smaller end of the Ohio city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 0.0% — below most comparable cities in the state.

Geographically, Commercial Point sits roughly 14 miles south of Columbus. Median home values run roughly 37% higher than Columbus' $235,000.

Cost Overview

Housing 105
Rent 98

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Commercial Point

The median home value in Commercial Point is $321,600 — 5% above the national median of $305,000. Median rent runs $1,289/month, 2% lower than the national median of $1,314/month. The median household income of $96,154/year is 29% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 63.0°F and lows of 43.9°F, with about 28.2" of annual snowfall. Overall, Commercial Point has a cost of living index of 103 versus the US average of 100, meaning it is 3% more expensive.

🏠 Housing

Median Home Value
$321,600
5% above avg
Zillow Home Value
$216,542
Zillow ZHVI
Median Rent
$1,289/mo
2% below avg
Price-to-Rent Ratio
20.8x
Favors renting
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$686
1 BR
$748
2 BR
$929
3 BR
$1,199
4 BR
$1,374
Owner-occupied 93.6%
Renter-occupied 6.4%

💰 Estimated Monthly Budget

Rent median rent
$1,289
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,903/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
29.4 min
9% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.2%

Commute Mode

Drove alone
66.7%
Carpooled
13.8%
Work from home
16.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 3.8%
Total Sales Tax 7.2%
State rate 5.8%
Avg local rate 1.4%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$96,154
29% above avg
Per Capita Income
$33,828
Unemployment Rate
0.0%
100% below avg
Poverty Rate
6.7%
Labor Force Participation
75.9%

🎓 Education

Bachelor's degree+ 24.1%
Graduate degree 7.9%

👥 Demographics

Median Age 29.8
Male median age 29.4
Female median age 31.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.0°F
Avg Low
43.9°F
Annual Precip
41.6"
Annual Snowfall
28.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374151647482858478665242
Low °F 222432425262656457453527
Precip" 3.002.413.623.853.994.334.673.743.142.902.793.13
Snow" 9.57.64.10.50.00.00.00.00.00.21.25.1

Frequently Asked Questions

What is the cost of living in Commercial Point, OH?

Commercial Point has a cost index of 103 (100 = national average). It is 3% above the national average.

What is average rent in Commercial Point, OH?

The median gross rent in Commercial Point is $1,289 per month based on 2023 Census data.

What is the average home price in Commercial Point?

The median home value in Commercial Point is $321,600 according to Zillow and Census data.

What is the median income in Commercial Point?

The median household income in Commercial Point is $96,154 per year (2023 ACS 5-year estimates).

What is the sales tax in Commercial Point, OH?

The combined state and local sales tax rate in Commercial Point is 7.2%. The Ohio state income tax top rate is 3.8%.

Is Commercial Point, OH affordable?

Commercial Point is near the national average in terms of cost of living, with an index of 103 (100 = US average).

What is the weather like in Commercial Point?

Commercial Point has average high temperatures of 63.0°F and average lows of 43.9°F. Annual precipitation is 41.6". Average annual snowfall is 28.2". Data from NOAA 1991–2020 Climate Normals.

Commercial Point at a Glance

Population
3,106
Median Income
$96,154
Home Value
$321,600
Median Rent
$1,289/mo
Unemployment
0.0%
Avg High Temp
63.0°F
Sales Tax
7.2%
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