Greenville, OH

Very Low · 49

Ohio · Population 12,748 · Updated March 2026

$710
Median Rent / Month
$46,664
Median Income
$147,200
Median Home Value
$720
Owner Costs / Month

Affordability

How far your income goes in Greenville

18.3%
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

$8,520
Annual Rent
$1,633
State Income Tax
$2,252
Property Tax (est.)

Cost of Living Overview

Greenville is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 49 (where 100 equals the national median), Greenville residents can expect to pay median rent of $710/month while earning a median household income of $46,664/year.

The median home value in Greenville, OH is $147,200, with typical monthly owner costs around $720 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.3% 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 Greenville.

Frequently Asked Questions

Common questions about living costs in Greenville

What is the cost of living in Greenville, OH?
The cost of living index in Greenville, OH is 49 (US average = 100). Median monthly rent is $710, median household income is $46,664/year, and the median home value is $147,200.
Is Greenville, OH affordable?
Yes, Greenville is more affordable than the national average with a cost index of 49. The rent-to-income ratio is 18.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Greenville, OH?
The median gross rent in Greenville, OH is $710 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $8,520.
What is the median household income in Greenville?
The median household income in Greenville, OH is $46,664 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%.