Cost of living
Oakwood, Ohio
Compare places side by side
Select two cities to compare
Compare places side by side
VS
Choose another city:
Oakwood, OH is #82 on the list Top 100 Most Educated Cities in America in 2023
Oakwood, OH is #15 on the list Top 100 Most Affordable U.S. Cities with Outstanding Education in 2023
Oakwood, OH is #53 on the list Top 100 Best Places to Raise a Family in the Midwest in 2023
Cost of living in Oakwood, Ohio
Cost of living compared to USAlow
Cost of living compared to Ohiohigh
Median household incomethe highest
Is it expensive to live in Oakwood, Ohio? When calculating the cost of living in Oakwood, Ohio we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Oakwood, Ohio is lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Ohio, while median household income in Oakwood is $121,250 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Ohio.
Taxes in Oakwood, Ohio
The sales tax rate in Oakwood, Ohio is 7.5%. Last year, the average property taxes paid was 2.2% Oakwood, Ohio.
Here is the table with the State Income Taxes in the state of Ohio:
State Income Tax Brackets (Single):
| Income Bracket Threshold | Income Bracket Ceiling | Ohio Income Tax Rate |
|---|---|---|
| $0 | $25,000 | 0.0% |
| $25,000 | $44,250 | 2.765% |
| $44,250 | $88,450 | 3.226% |
| $88,450 | $110,650 | 3.688% |
| $110,650 | $9,999,999 | 3.99% |
State Income Tax Brackets (Married):
| Income Bracket Threshold | Income Bracket Ceiling | Ohio Income Tax Rate |
|---|---|---|
| $0 | $25,000 | 0.0% |
| $25,000 | $44,250 | 2.765% |
| $44,250 | $88,450 | 3.226% |
| $88,450 | $110,650 | 3.688% |
| $110,650 | $9,999,999 | 3.99% |
Housing costs in Oakwood, Ohio
The average cost of a single-family home compared to USAmoderate
The average cost of a single-family home compared to Ohiohigh
In Oakwood, Ohio, 81.0% of the population owns their homes, while approximately 19.0% rent. The average cost of a single-family home in Oakwood, Ohio in 2022 is $226,009 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Ohio. The average one-bedroom apartment cost is approximately $812 per month.
| Rental Size | Monthly Cost | Compared to Ohio |
|---|---|---|
| 1 Bedroom | $812 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,043 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,369 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,495 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Discover the best cities to move in 2023
You may also like
Looking to move?
Automatically get personalized recommendations on where to move. Dwellics instantly analyzes thousands of relevant data points and your selected preferences like lifestyle, weather, community and more to find the perfect place for you to live.
Generate My List