Macedonia, OH

Above Avg · 117

Ohio · Population 12,142 · Updated March 2026

$2,024
Median Rent / Month
$108,059
Median Income
$294,500
Median Home Value
$1,539
Owner Costs / Month

Affordability

How far your income goes in Macedonia

22.5%
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

$24,288
Annual Rent
$3,782
State Income Tax
$4,506
Property Tax (est.)

Cost of Living Overview

Macedonia 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), Macedonia residents can expect to pay median rent of $2,024/month while earning a median household income of $108,059/year.

The median home value in Macedonia, OH is $294,500, with typical monthly owner costs around $1,539 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.5% 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 Macedonia.

Frequently Asked Questions

Common questions about living costs in Macedonia

What is the cost of living in Macedonia, OH?
The cost of living index in Macedonia, OH is 117 (US average = 100). Median monthly rent is $2,024, median household income is $108,059/year, and the median home value is $294,500.
Is Macedonia, OH affordable?
No, Macedonia is more expensive than the national average with a cost index of 117. The rent-to-income ratio is 22.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Macedonia, OH?
The median gross rent in Macedonia, OH is $2,024 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,288.
What is the median household income in Macedonia?
The median household income in Macedonia, OH is $108,059 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%.