Cost of Living in Newton Falls, OH

Population 4,553 · Ohio · Data vintage 2023

42
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Newton Falls 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. At 7.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Located 30 miles east of Akron, Newton Falls falls within that metro's commuting orbit. Median home values run roughly 8% lower than Akron's $111,000.

Cost Overview

Housing 34
Rent 54

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

About the Cost of Living in Newton Falls

The median home value in Newton Falls is $102,200 — 66% below the national median of $305,000. Median rent runs $714/month, 46% lower than the national median of $1,314/month. The median household income of $51,840/year is 30% lower than the US median of $74,580. The local unemployment rate is 7.3%, above 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 59.7°F and lows of 40.1°F, with about 67.8" of annual snowfall. Overall, Newton Falls has a cost of living index of 42 versus the US average of 100, meaning it is 58% less expensive.

🏠 Housing

Median Home Value
$102,200
66% below avg
Zillow Home Value
$160,504
Zillow ZHVI
Median Rent
$714/mo
46% below avg
Price-to-Rent Ratio
11.9x
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 52.7%
Renter-occupied 47.3%

💰 Estimated Monthly Budget

Rent median rent
$714
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,328/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.1%

Commute Mode

Drove alone
79.9%
Carpooled
8.8%
Walked
3.2%
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
$51,840
30% below avg
Per Capita Income
$34,160
Unemployment Rate
7.3%
53% above avg
Poverty Rate
13.9%
Labor Force Participation
56.8%

🎓 Education

Bachelor's degree+ 12.9%
Graduate degree 4.0%

👥 Demographics

Median Age 50.2
Male median age 48.6
Female median age 53

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
40.1°F
Annual Precip
41.2"
Annual Snowfall
67.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343747607179838174625039
Low °F 192128384856605952423326
Precip" 3.032.523.213.753.723.904.273.483.843.342.963.17
Snow" 19.615.110.52.60.00.00.00.00.00.74.514.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
54.4%
Good air days/yr
220
Max AQI recorded
263
PM2.5 days
101
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

72%
4-Year Graduation Rate
15.4:1
Student-teacher ratio
4
Public schools
938
Total enrollment

Frequently Asked Questions

What is the cost of living in Newton Falls, OH?

Newton Falls has a cost index of 42 (100 = national average). It is 58% below the national average.

What is average rent in Newton Falls, OH?

The median gross rent in Newton Falls is $714 per month based on 2023 Census data.

What is the average home price in Newton Falls?

The median home value in Newton Falls is $102,200 according to Zillow and Census data.

What is the median income in Newton Falls?

The median household income in Newton Falls is $51,840 per year (2023 ACS 5-year estimates).

What is the sales tax in Newton Falls, OH?

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

Is Newton Falls, OH affordable?

Yes, Newton Falls is generally considered affordable, with a cost of living index of 42 — about 58% below the US national average of 100.

What is the weather like in Newton Falls?

Newton Falls has average high temperatures of 59.7°F and average lows of 40.1°F. Annual precipitation is 41.2". Average annual snowfall is 67.8". Data from NOAA 1991–2020 Climate Normals.

Newton Falls at a Glance

Population
4,553
Median Income
$51,840
Home Value
$102,200
Median Rent
$714/mo
Unemployment
7.3%
Avg High Temp
59.7°F
Sales Tax
7.2%
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