Sylvania, OH

Below Avg · 76

Ohio · Population 19,038 · Updated March 2026

$1,019
Median Rent / Month
$95,610
Median Income
$233,700
Median Home Value
$1,223
Owner Costs / Month

Affordability

How far your income goes in Sylvania

12.8%
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

$12,228
Annual Rent
$3,346
State Income Tax
$3,576
Property Tax (est.)

Cost of Living Overview

Sylvania is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 76 (where 100 equals the national median), Sylvania residents can expect to pay median rent of $1,019/month while earning a median household income of $95,610/year.

The median home value in Sylvania, OH is $233,700, with typical monthly owner costs around $1,223 including mortgage, insurance, and taxes. The median rent-to-income ratio of 12.8% 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 Sylvania.

Frequently Asked Questions

Common questions about living costs in Sylvania

What is the cost of living in Sylvania, OH?
The cost of living index in Sylvania, OH is 76 (US average = 100). Median monthly rent is $1,019, median household income is $95,610/year, and the median home value is $233,700.
Is Sylvania, OH affordable?
Yes, Sylvania is more affordable than the national average with a cost index of 76. The rent-to-income ratio is 12.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sylvania, OH?
The median gross rent in Sylvania, OH is $1,019 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,228.
What is the median household income in Sylvania?
The median household income in Sylvania, OH is $95,610 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%.