Englewood, OH

Very Low · 62

Ohio · Population 13,388 · Updated March 2026

$934
Median Rent / Month
$72,808
Median Income
$168,800
Median Home Value
$956
Owner Costs / Month

Affordability

How far your income goes in Englewood

15.4%
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

$11,208
Annual Rent
$2,548
State Income Tax
$2,583
Property Tax (est.)

Cost of Living Overview

Englewood is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), Englewood residents can expect to pay median rent of $934/month while earning a median household income of $72,808/year.

The median home value in Englewood, OH is $168,800, with typical monthly owner costs around $956 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.4% 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 Englewood.

Frequently Asked Questions

Common questions about living costs in Englewood

What is the cost of living in Englewood, OH?
The cost of living index in Englewood, OH is 62 (US average = 100). Median monthly rent is $934, median household income is $72,808/year, and the median home value is $168,800.
Is Englewood, OH affordable?
Yes, Englewood is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 15.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Englewood, OH?
The median gross rent in Englewood, OH is $934 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,208.
What is the median household income in Englewood?
The median household income in Englewood, OH is $72,808 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%.