What is the median household income in Hambden Township, OH?
The median household income in Hambden Township, OH is $93,849 (±$19,853) a year (2020–2024 American Community Survey).
Paying the median gross rent of $989 a month would take about $39,600 a year at the common guideline of spending no more than 30% of income on rent.
In Hambden Township, the median household income went from $76,813 in 2015–2019 to $93,849 in 2020–2024 (+22.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $93,849 (±$19,853)
- Median renter income
- $53,000 (±$27,945)
- Income to afford median rent
- about $39,600
Income in Hambden Township against Geauga County, its state and the nation
| Hambden Township | Geauga County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $93,849 (±$19,853) | $107,860 (±$4,878) | $71,389 (±$321) | $80,734 |
| Median renter household income | $53,000 (±$27,945) | $57,433 (±$3,650) | $42,829 (±$325) | $52,966 |
| Median owner household income | $107,847 (±$16,138) | $119,254 (±$4,475) | $90,122 (±$343) | $100,009 |
| Median gross rent | $989 (±$205) | $1,083 (±$69) | $1,034 (±$5) | $1,413 |
In Hambden Township, median household income is not measurably different from Geauga County ($107,860).
It is also higher than in Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Geauga County, Hambden Township ranks 12 of 23 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 432 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Hambden Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $989 a month ($11,868 a year) needs an income of about $39,600 a year.
The median renting household in Hambden Township earns $53,000 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $76,813 (±$14,191) | $93,849 (±$19,853) | +22.2% | No measurable change after inflation |
| Median gross rent | $731 (±$332) | $989 (±$205) | +35.3% | No measurable change after inflation |
| Median home value | $213,000 (±$27,550) | $271,700 (±$25,671) | +27.6% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Hambden Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hambden Township | — | $93,849 (±$19,853) | — |
| Leroy Township | 3.5 mi | $114,250 (±$10,446) | Not measurably different |
| Chardon | 4.3 mi | $86,613 (±$29,062) | Not measurably different |
| Chardon Township | 4.9 mi | $117,019 (±$26,068) | Not measurably different |
| Concord Township (Lake County) | 5.2 mi | $121,527 (±$6,995) | Higher |
| Montville Township (Geauga County) | 5.5 mi | $74,493 (±$19,094) | Not measurably different |
| Aquilla | 5.6 mi | $55,417 (±$10,151) | Lower |
| Claridon Township (Geauga County) | 6.0 mi | $85,500 (±$18,791) | Not measurably different |
| Thompson Township (Geauga County) | 6.0 mi | $91,275 (±$10,630) | Not measurably different |
Nearby places with a measurably lower figure: Aquilla, OH ($55,417).
Nearby places with a measurably higher figure: Concord Township (Lake County), OH ($121,527).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Geauga County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Chardon Township | $117,019 (±$26,068) |
| 7 | Chester Township (Geauga County) | $111,159 (±$11,247) |
| 8 | Chesterland | $107,898 (±$17,087) |
| 9 | Russell Township | $106,061 (±$23,315) |
| 10 | Newbury Township | $101,491 (±$10,967) |
| 11 | Parkman Township | $100,417 (±$11,937) |
| 12 | Hambden Township | $93,849 (±$19,853) |
| 13 | Thompson Township (Geauga County) | $91,275 (±$10,630) |
| 14 | Troy Township (Geauga County) | $87,375 (±$16,467) |
| 15 | Chardon | $86,613 (±$29,062) |
| 16 | Claridon Township (Geauga County) | $85,500 (±$18,791) |
| 17 | Burton Township | $81,780 (±$7,797) |
| 18 | Huntsburg Township | $80,750 (±$19,034) |
Showing 13 of 23 places in Geauga County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hambden Township
What is the median household income in Hambden Township?
The median household income in Hambden Township is $93,849 (±$19,853) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Hambden Township?
About $39,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $989 a month.
Have incomes in Hambden Township kept up with inflation?
In Hambden Township, the median household income went from $76,813 in 2015–2019 to $93,849 in 2020–2024 (+22.2%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Hambden Township?
The median renting household in Hambden Township, OH earns $53,000 (±$27,945) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hambden township, Geauga County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hambden township, Geauga County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hambden township, Geauga County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hambden township, Geauga County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hambden township, Geauga County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hambden township, Geauga County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hambden township, Geauga County, Ohio (county subdivision:32914, in state:39 county:055).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Hambden Township at a glance
- Median rent in Hambden Township
- Home values in Hambden Township
- Homeowner costs in Hambden Township
- Property taxes in Hambden Township
- Types of homes in Hambden Township
- Bedrooms in Hambden Township
- Age of homes in Hambden Township
- Heating fuel in Hambden Township
- Commute and cars in Hambden Township
- Population growth in Hambden Township
- How long people stay in Hambden Township
- Crowding and facilities in Hambden Township
- Ohio landlord and tenant rules
- Housing across Geauga County
- Ohio places ranked by median household income
- Housing data for every place in Ohio