Fairview Park, OH

Very Low · 73

Ohio · Population 17,049 · Updated March 2026

$962
Median Rent / Month
$77,688
Median Income
$225,800
Median Home Value
$1,172
Owner Costs / Month

Affordability

How far your income goes in Fairview Park

14.9%
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

$11,544
Annual Rent
$2,719
State Income Tax
$3,455
Property Tax (est.)

Cost of Living Overview

Fairview Park is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 73 (where 100 equals the national median), Fairview Park residents can expect to pay median rent of $962/month while earning a median household income of $77,688/year.

The median home value in Fairview Park, OH is $225,800, with typical monthly owner costs around $1,172 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.9% 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 Fairview Park.

Frequently Asked Questions

Common questions about living costs in Fairview Park

What is the cost of living in Fairview Park, OH?
The cost of living index in Fairview Park, OH is 73 (US average = 100). Median monthly rent is $962, median household income is $77,688/year, and the median home value is $225,800.
Is Fairview Park, OH affordable?
Yes, Fairview Park is more affordable than the national average with a cost index of 73. The rent-to-income ratio is 14.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Fairview Park, OH?
The median gross rent in Fairview Park, OH is $962 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,544.
What is the median household income in Fairview Park?
The median household income in Fairview Park, OH is $77,688 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%.