Stow, OH

Below Avg · 82

Ohio · Population 34,317 · Updated March 2026

$1,204
Median Rent / Month
$91,933
Median Income
$238,000
Median Home Value
$1,248
Owner Costs / Month

Affordability

How far your income goes in Stow

15.7%
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

$14,448
Annual Rent
$3,218
State Income Tax
$3,641
Property Tax (est.)

Cost of Living Overview

Stow is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 82 (where 100 equals the national median), Stow residents can expect to pay median rent of $1,204/month while earning a median household income of $91,933/year.

The median home value in Stow, OH is $238,000, with typical monthly owner costs around $1,248 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.7% 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 Stow.

Frequently Asked Questions

Common questions about living costs in Stow

What is the cost of living in Stow, OH?
The cost of living index in Stow, OH is 82 (US average = 100). Median monthly rent is $1,204, median household income is $91,933/year, and the median home value is $238,000.
Is Stow, OH affordable?
Yes, Stow is more affordable than the national average with a cost index of 82. The rent-to-income ratio is 15.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Stow, OH?
The median gross rent in Stow, OH is $1,204 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,448.
What is the median household income in Stow?
The median household income in Stow, OH is $91,933 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%.