Cost of Living in Greentown, OH

Population 3,714 · Ohio · Data vintage 2023

82
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Greentown is a smaller Ohio community of around 4000 residents, where median household incomes of $120,417 and housing costs ($300,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Greentown sits roughly 12 miles southeast of Akron. Median home values run roughly 170% higher than Akron's $111,000.

Cost Overview

Housing 98
Rent 57

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

About the Cost of Living in Greentown

The median home value in Greentown is $300,300 — 2% below the national median of $305,000. Median rent runs $747/month, 43% lower than the national median of $1,314/month. The median household income of $120,417/year is 61% higher than the US median of $74,580. The local unemployment rate is 4.7%, 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 61.2°F and lows of 42.1°F, with about 47.2" of annual snowfall. Overall, Greentown has a cost of living index of 82 versus the US average of 100, meaning it is 18% less expensive.

🏠 Housing

Median Home Value
$300,300
2% below avg
Median Rent
$747/mo
43% below avg
Price-to-Rent Ratio
33.5x
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 91.0%
Renter-occupied 9.0%

💰 Estimated Monthly Budget

Rent median rent
$747
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,361/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
23.9 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.9%

Commute Mode

Drove alone
76.2%
Carpooled
7.1%
Work from home
15.9%

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
$120,417
61% above avg
Per Capita Income
$45,341
Unemployment Rate
4.7%
3% below avg
Poverty Rate
1.4%
Labor Force Participation
65.6%

🎓 Education

Bachelor's degree+ 25.4%
Graduate degree 21.2%

👥 Demographics

Median Age 42.1
Male median age 40.7
Female median age 42.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
61.2°F
Avg Low
42.1°F
Annual Precip
41.6"
Annual Snowfall
47.2"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 363948627280848376635140
Low °F 202229405059636255443426
Precip" 2.922.443.233.864.134.434.143.613.503.343.082.89
Snow" 13.412.07.61.70.00.00.00.00.00.33.38.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 52 — Moderate
44.7%
Good air days/yr
283
Max AQI recorded
262
PM2.5 days
103
Ozone days

Frequently Asked Questions

What is the cost of living in Greentown, OH?

Greentown has a cost index of 82 (100 = national average). It is 18% below the national average.

What is average rent in Greentown, OH?

The median gross rent in Greentown is $747 per month based on 2023 Census data.

What is the average home price in Greentown?

The median home value in Greentown is $300,300 according to 2023 Census ACS data.

What is the median income in Greentown?

The median household income in Greentown is $120,417 per year (2023 ACS 5-year estimates).

What is the sales tax in Greentown, OH?

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

Is Greentown, OH affordable?

Yes, Greentown is generally considered affordable, with a cost of living index of 82 — about 18% below the US national average of 100.

What is the weather like in Greentown?

Greentown has average high temperatures of 61.2°F and average lows of 42.1°F. Annual precipitation is 41.6". Average annual snowfall is 47.2". Data from NOAA 1991–2020 Climate Normals.

Greentown at a Glance

Population
3,714
Median Income
$120,417
Home Value
$300,300
Median Rent
$747/mo
Unemployment
4.7%
Avg High Temp
61.2°F
Sales Tax
7.2%
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