Centerville, OH

Below Avg · 85

Ohio · Population 24,815 · Updated March 2026

$1,182
Median Rent / Month
$81,500
Median Income
$262,300
Median Home Value
$1,255
Owner Costs / Month

Affordability

How far your income goes in Centerville

17.4%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Ohio

State-level tax rates that affect your costs

3.5%
Income Tax (Top Rate)
5.75%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$14,184
Annual Rent
$2,853
State Income Tax
$4,013
Property Tax (est.)

Cost of Living Overview

Centerville offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 85 (where 100 equals the national median), Centerville residents can expect to pay median rent of $1,182/month while earning a median household income of $81,500/year.

The median home value in Centerville, OH is $262,300, with typical monthly owner costs around $1,255 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.4% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in Centerville.

Frequently Asked Questions

Common questions about living costs in Centerville

What is the cost of living in Centerville, OH?
The cost of living index in Centerville, OH is 85 (US average = 100). Median monthly rent is $1,182, median household income is $81,500/year, and the median home value is $262,300.
Is Centerville, OH affordable?
Yes, Centerville is more affordable than the national average with a cost index of 85. The rent-to-income ratio is 17.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Centerville, OH?
The median gross rent in Centerville, OH is $1,182 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,184.
What is the median household income in Centerville?
The median household income in Centerville, OH is $81,500 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Ohio?
Ohio has a top income tax rate of 3.5%, a sales tax of 5.75%, and an effective property tax rate of 1.53%.