Cost of Living in Granville, OH

Population 5,916 · Ohio · Data vintage 2023

130
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Granville is a smaller Ohio community of around 6000 residents, where median household incomes of $123,860 and housing costs ($491,000 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 1.9% — below most comparable cities in the state.

Geographically, Granville is about 25 miles east of Columbus, the nearest large metro. Median home values run roughly 109% higher than Columbus' $235,000.

Cost Overview

Housing 161
Rent 84

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

About the Cost of Living in Granville

The median home value in Granville is $490,500 — 61% above the national median of $305,000. Median rent runs $1,103/month, 16% lower than the national median of $1,314/month. The median household income of $123,860/year is 66% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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 64.1°F and lows of 42.3°F. Overall, Granville has a cost of living index of 130 versus the US average of 100, meaning it is 30% more expensive.

🏠 Housing

Median Home Value
$490,500
61% above avg
Zillow Home Value
$501,051
Zillow ZHVI
Median Rent
$1,103/mo
16% below avg
Price-to-Rent Ratio
37.1x
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 78.4%
Renter-occupied 21.6%

💰 Estimated Monthly Budget

Rent median rent
$1,103
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,717/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
22.9 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.3%

Commute Mode

Drove alone
51.2%
Carpooled
2.8%
Walked
24.7%
Work from home
21.3%

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
$123,860
66% above avg
Per Capita Income
$50,673
Unemployment Rate
1.9%
60% below avg
Poverty Rate
2.0%
Labor Force Participation
56.2%

🎓 Education

Bachelor's degree+ 40.9%
Graduate degree 27.2%

👥 Demographics

Median Age 23.4
Male median age 23
Female median age 24

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.1°F
Avg Low
42.3°F
Annual Precip
38.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 394252657583868479675443
Low °F 212331415160636153423327
Precip" 2.672.243.403.824.084.063.983.392.832.772.692.84

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
85.3%
Good air days/yr
97
Max AQI recorded
0
PM2.5 days
245
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

99%
4-Year Graduation Rate
18.7:1
Student-teacher ratio
4
Public schools
2,547
Total enrollment

Frequently Asked Questions

What is the cost of living in Granville, OH?

Granville has a cost index of 130 (100 = national average). It is 30% above the national average.

What is average rent in Granville, OH?

The median gross rent in Granville is $1,103 per month based on 2023 Census data.

What is the average home price in Granville?

The median home value in Granville is $490,500 according to Zillow and Census data.

What is the median income in Granville?

The median household income in Granville is $123,860 per year (2023 ACS 5-year estimates).

What is the sales tax in Granville, OH?

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

Is Granville, OH affordable?

Granville is above average in cost of living, with an index of 130 — about 30% higher than the national average.

What is the weather like in Granville?

Granville has average high temperatures of 64.1°F and average lows of 42.3°F. Annual precipitation is 38.8". Data from NOAA 1991–2020 Climate Normals.

Granville at a Glance

Population
5,916
Median Income
$123,860
Home Value
$490,500
Median Rent
$1,103/mo
Unemployment
1.9%
Avg High Temp
64.1°F
Sales Tax
7.2%
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