Cost of Living in Fairlawn, OH

Population 7,689 · Ohio · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Fairlawn is a smaller Ohio community of around 8000 residents, where median household incomes of $93,154 and housing costs ($267,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.5% — below most comparable cities in the state.

Fairlawn sits roughly 6 miles northwest of Akron — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 140% higher than Akron's $111,000.

Cost Overview

Housing 88
Rent 83

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

About the Cost of Living in Fairlawn

The median home value in Fairlawn is $267,000 — 12% below the national median of $305,000. Median rent runs $1,095/month, 17% lower than the national median of $1,314/month. The median household income of $93,154/year is 25% higher than the US median of $74,580. The local unemployment rate is 1.5%, 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 62.1°F and lows of 42.5°F. Overall, Fairlawn has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$267,000
12% below avg
Zillow Home Value
$493,799
Zillow ZHVI
Median Rent
$1,095/mo
17% below avg
Zillow Rent
$1,337/mo
Zillow ZORI
Price-to-Rent Ratio
20.3x
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 75.3%
Renter-occupied 24.7%

💰 Estimated Monthly Budget

Rent median rent
$1,095
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,709/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
19.0 min
30% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.2%

Commute Mode

Drove alone
72.3%
Carpooled
5.8%
Public transit
0.1%
Walked
0.5%
Work from home
21.2%

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
$93,154
25% above avg
Per Capita Income
$65,297
Unemployment Rate
1.5%
68% below avg
Poverty Rate
7.4%
Labor Force Participation
67.4%

🎓 Education

Bachelor's degree+ 34.1%
Graduate degree 18.9%

👥 Demographics

Median Age 41.9
Male median age 37.3
Female median age 50.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.1°F
Avg Low
42.5°F
Annual Precip
32.5"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 374049627381858477655241
Low °F 212230405160646255443527
Precip" 1.831.452.482.833.563.673.653.003.182.532.322.01

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
60.1%
Good air days/yr
230
Max AQI recorded
198
PM2.5 days
150
Ozone days

Frequently Asked Questions

What is the cost of living in Fairlawn, OH?

Fairlawn has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Fairlawn, OH?

The median gross rent in Fairlawn is $1,095 per month based on 2023 Census data.

What is the average home price in Fairlawn?

The median home value in Fairlawn is $267,000 according to Zillow and Census data.

What is the median income in Fairlawn?

The median household income in Fairlawn is $93,154 per year (2023 ACS 5-year estimates).

What is the sales tax in Fairlawn, OH?

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

Is Fairlawn, OH affordable?

Yes, Fairlawn is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Fairlawn?

Fairlawn has average high temperatures of 62.1°F and average lows of 42.5°F. Annual precipitation is 32.5". Data from NOAA 1991–2020 Climate Normals.

Fairlawn at a Glance

Population
7,689
Median Income
$93,154
Home Value
$267,000
Median Rent
$1,095/mo
Unemployment
1.5%
Avg High Temp
62.1°F
Sales Tax
7.2%
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