Rocky River, OH

Average · 92

Ohio · Population 21,490 · Updated March 2026

$1,155
Median Rent / Month
$93,956
Median Income
$327,600
Median Home Value
$1,319
Owner Costs / Month

Affordability

How far your income goes in Rocky River

14.8%
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

$13,860
Annual Rent
$3,288
State Income Tax
$5,012
Property Tax (est.)

Cost of Living Overview

Rocky River offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 92 (where 100 equals the national median), Rocky River residents can expect to pay median rent of $1,155/month while earning a median household income of $93,956/year.

The median home value in Rocky River, OH is $327,600, with typical monthly owner costs around $1,319 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.8% 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 Rocky River.

Frequently Asked Questions

Common questions about living costs in Rocky River

What is the cost of living in Rocky River, OH?
The cost of living index in Rocky River, OH is 92 (US average = 100). Median monthly rent is $1,155, median household income is $93,956/year, and the median home value is $327,600.
Is Rocky River, OH affordable?
Yes, Rocky River is more affordable than the national average with a cost index of 92. The rent-to-income ratio is 14.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Rocky River, OH?
The median gross rent in Rocky River, OH is $1,155 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,860.
What is the median household income in Rocky River?
The median household income in Rocky River, OH is $93,956 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%.