We know the rest of the country talks a whole lot of smack about the Buckeye State, but are the rumors true? 🤨 Is it really just a boring patch of land in between Philly and Chicago? 😆🐄
If you’re considered middle-class in America, Ohio might be the perfect place to plant some roots. 🌱 A new report of the best cities for middle-class families put three Ohio areas high on their list! 👇
Here’s Five Fast Facts on Ohio’s best cities for the middle class:
- 🏘️ Home Sweet Home - Regardless of where they fall in the middle-class range, families look for the same things when choosing where to live. A low cost of living, decent home values, and good salaries are the top must-haves. In a recent survey of most livable cities for American middle class families, three Ohio locations made the top 10 list: University Heights, the Village of Bexley, and Worthington.
- ⬆️ Such Great Heights - Located in suburban Cleveland, University Heights is the place to be for middle-class young professionals and families. The median household income is $91,960. The average home value is roughly $263,452 and the average monthly mortgage payment is around $1,577. Cost of living sits below $50,000. Pretty reasonable!
- 👨👩👦👦 Village People - Moving over to the Columbus area, the cute little Village of Bexley is full of great schools and friendly neighborhoods. Clocking in at a cozy 2.5 square miles, it’s super-walkable. Here, the household median income is $138,929 (a little pricier than some other areas). Families can expect to pay around $550,000 for a single-family home and the average monthly mortgage payment is $3,271. Cost of living is a little over $70,000.
- 🤗 A Worthy Welcome - Also in the Columbus suburbs is Worthington. Total annual cost of living is $65,906 and the median household income is $119,408. The average home value is $477,764 and families have an average mortgage payment of $2,860. Out of the three OH cities on the list, Worthington got the highest livability score: 94.
- 👤 Middle Man - The “middle-class” category is pretty broad. In general, households that earn between two-thirds and double the median income are considered middle class. 2023’s median household income was around $80,000, which means you’d be considered middle class if you earn between roughly $54,000 and $161,000 a year.
🔥Bottom line: If you’re in the market for a new home, you should probably pay attention to those interest rates. Need a cheat sheet for how they impact real estate? We’ve got it all covered in this article!
Do you live in one of these three Ohio gems?
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