Hilliard, OH

Above Avg · 117

Ohio · Population 36,560 · Updated March 2026

$1,590
Median Rent / Month
$122,864
Median Income
$360,000
Median Home Value
$1,837
Owner Costs / Month

Affordability

How far your income goes in Hilliard

15.5%
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

$19,080
Annual Rent
$4,300
State Income Tax
$5,508
Property Tax (est.)

Cost of Living Overview

Hilliard is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 117 (where 100 equals the national median), Hilliard residents can expect to pay median rent of $1,590/month while earning a median household income of $122,864/year.

The median home value in Hilliard, OH is $360,000, with typical monthly owner costs around $1,837 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.5% 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 Hilliard.

Frequently Asked Questions

Common questions about living costs in Hilliard

What is the cost of living in Hilliard, OH?
The cost of living index in Hilliard, OH is 117 (US average = 100). Median monthly rent is $1,590, median household income is $122,864/year, and the median home value is $360,000.
Is Hilliard, OH affordable?
No, Hilliard is more expensive than the national average with a cost index of 117. The rent-to-income ratio is 15.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hilliard, OH?
The median gross rent in Hilliard, OH is $1,590 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,080.
What is the median household income in Hilliard?
The median household income in Hilliard, OH is $122,864 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%.