Norton, OH

Very Low · 70

Ohio · Population 11,576 · Updated March 2026

$1,108
Median Rent / Month
$87,060
Median Income
$181,900
Median Home Value
$1,058
Owner Costs / Month

Affordability

How far your income goes in Norton

15.3%
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

$13,296
Annual Rent
$3,047
State Income Tax
$2,783
Property Tax (est.)

Cost of Living Overview

Norton is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 70 (where 100 equals the national median), Norton residents can expect to pay median rent of $1,108/month while earning a median household income of $87,060/year.

The median home value in Norton, OH is $181,900, with typical monthly owner costs around $1,058 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.3% 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 Norton.

Frequently Asked Questions

Common questions about living costs in Norton

What is the cost of living in Norton, OH?
The cost of living index in Norton, OH is 70 (US average = 100). Median monthly rent is $1,108, median household income is $87,060/year, and the median home value is $181,900.
Is Norton, OH affordable?
Yes, Norton is more affordable than the national average with a cost index of 70. The rent-to-income ratio is 15.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Norton, OH?
The median gross rent in Norton, OH is $1,108 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,296.
What is the median household income in Norton?
The median household income in Norton, OH is $87,060 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%.