Cost of Living in Hicksville, OH

Population 3,228 · Ohio · Data vintage 2023

50
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Hicksville offers a notably favorable income-to-housing ratio for its region. The typical home — $143,000 — costs less than 2.2 times median household income of $64,473, a threshold many coastal markets passed a decade ago. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Located 25 miles northeast of Fort Wayne, Hicksville falls within that metro's commuting orbit. Median home values run roughly 16% lower than Fort Wayne's $170,000.

Cost Overview

Housing 47
Rent 56

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

About the Cost of Living in Hicksville

The median home value in Hicksville is $142,500 — 53% below the national median of $305,000. Median rent runs $733/month, 44% lower than the national median of $1,314/month. The median household income of $64,473/year is 14% lower than the US median of $74,580. The local unemployment rate is 2.5%, 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%. Overall, Hicksville has a cost of living index of 50 versus the US average of 100, meaning it is 50% less expensive.

🏠 Housing

Median Home Value
$142,500
53% below avg
Zillow Home Value
$133,354
Zillow ZHVI
Median Rent
$733/mo
44% below avg
Price-to-Rent Ratio
16.2x
Favors buying
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 73.4%
Renter-occupied 26.6%

💰 Estimated Monthly Budget

Rent median rent
$733
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,347/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
21.6 min
20% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
67.0%
Carpooled
21.2%
Walked
3.7%
Work from home
8.1%

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
$64,473
14% below avg
Per Capita Income
$29,045
Unemployment Rate
2.5%
47% below avg
Poverty Rate
3.2%
Labor Force Participation
63.0%

🎓 Education

Bachelor's degree+ 6.9%
Graduate degree 5.6%

👥 Demographics

Median Age 35.9
Male median age 35.7
Female median age 37.3

🏫 Schools

NCES CCD 2019 — public school district data

97%
4-Year Graduation Rate
14.2:1
Student-teacher ratio
2
Public schools
911
Total enrollment

Frequently Asked Questions

What is the cost of living in Hicksville, OH?

Hicksville has a cost index of 50 (100 = national average). It is 50% below the national average.

What is average rent in Hicksville, OH?

The median gross rent in Hicksville is $733 per month based on 2023 Census data.

What is the average home price in Hicksville?

The median home value in Hicksville is $142,500 according to Zillow and Census data.

What is the median income in Hicksville?

The median household income in Hicksville is $64,473 per year (2023 ACS 5-year estimates).

What is the sales tax in Hicksville, OH?

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

Is Hicksville, OH affordable?

Yes, Hicksville is generally considered affordable, with a cost of living index of 50 — about 50% below the US national average of 100.

Hicksville at a Glance

Population
3,228
Median Income
$64,473
Home Value
$142,500
Median Rent
$733/mo
Unemployment
2.5%
Sales Tax
7.2%
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