What is the median household income in Homer Township (Medina County), OH?
The median household income in Homer Township (Medina County), OH is $76,468 (±$7,565) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,510 a month would take about $60,400 a year at the common guideline of spending no more than 30% of income on rent.
In Homer Township (Medina County), the median household income went from $94,844 in 2015–2019 to $76,468 in 2020–2024 (−19.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median household income
- $76,468 (±$7,565)
- Median renter income
- $71,506 (±$30,719)
- Income to afford median rent
- about $60,400
Income in Homer Township (Medina County) against Medina County, its state and the nation
| Homer Township (Medina County) | Medina County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $76,468 (±$7,565) | $94,968 (±$2,399) | $71,389 (±$321) | $80,734 |
| Median renter household income | $71,506 (±$30,719) | $52,729 (±$3,605) | $42,829 (±$325) | $52,966 |
| Median owner household income | $76,823 (±$17,835) | $107,208 (±$2,905) | $90,122 (±$343) | $100,009 |
| Median gross rent | $1,510 (±$275) | $1,143 (±$32) | $1,034 (±$5) | $1,413 |
In Homer Township (Medina County), median household income is lower than in Medina County ($94,968).
It is not measurably different from Ohio ($71,389).
It is not measurably different from the national figure ($80,734).
In Medina County, Homer Township (Medina County) ranks 23 of 28 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 930 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 Homer Township (Medina County)
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 $1,510 a month ($18,120 a year) needs an income of about $60,400 a year.
The median renting household in Homer Township (Medina County) earns $71,506 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 | $94,844 (±$29,106) | $76,468 (±$7,565) | −19.4% | Down after inflation |
| Median home value | $223,000 (±$46,020) | $283,100 (±$13,963) | +27.0% | 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 Homer Township (Medina County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Homer Township (Medina County) | — | $76,468 (±$7,565) | — |
| West Salem | 4.3 mi | $62,042 (±$24,348) | Not measurably different |
| Spencer | 4.6 mi | $73,542 (±$19,948) | Not measurably different |
| Harrisville Township | 4.7 mi | $90,795 (±$16,184) | Not measurably different |
| Sullivan | 5.2 mi | $67,964 (±$27,284) | Not measurably different |
| Sullivan Township | 5.5 mi | $66,541 (±$8,827) | Not measurably different |
| Lodi | 5.6 mi | $51,914 (±$12,194) | Lower |
| Spencer Township (Medina County) | 5.9 mi | $104,637 (±$12,174) | Higher |
| Jackson Township (Ashland County) | 6.4 mi | $79,172 (±$21,963) | Not measurably different |
Nearby places with a measurably lower figure: Lodi, OH ($51,914).
Nearby places with a measurably higher figure: Spencer Township (Medina County), OH ($104,637).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Medina County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 17 | Brunswick Hills Township | $94,276 (±$9,701) |
| 18 | Harrisville Township | $90,795 (±$16,184) |
| 19 | Brunswick | $90,663 (±$5,127) |
| 20 | Wadsworth | $79,490 (±$6,815) |
| 21 | Medina | $77,385 (±$5,770) |
| 22 | Seville | $76,938 (±$14,101) |
| 23 | Homer Township (Medina County) | $76,468 (±$7,565) |
| 24 | Chippewa Lake | $73,958 (±$20,583) |
| 25 | Spencer | $73,542 (±$19,948) |
| 26 | Chatham Township | $71,611 (±$14,384) |
| 27 | Gloria Glens Park | $70,000 (±$16,920) |
| 28 | Lodi | $51,914 (±$12,194) |
Showing 12 of 28 places in Medina 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 Homer Township (Medina County)
What is the median household income in Homer Township (Medina County)?
The median household income in Homer Township (Medina County) is $76,468 (±$7,565) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Homer Township (Medina County)?
About $60,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,510 a month.
Have incomes in Homer Township (Medina County) kept up with inflation?
In Homer Township (Medina County), the median household income went from $94,844 in 2015–2019 to $76,468 in 2020–2024 (−19.4%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
What do renters earn in Homer Township (Medina County)?
The median renting household in Homer Township (Medina County), OH earns $71,506 (±$30,719) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Homer township, Medina County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Homer township, Medina County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homer township, Medina County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Homer township, Medina County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Homer township, Medina County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Homer township, Medina 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 Homer township, Medina County, Ohio (county subdivision:36078, in state:39 county:103).
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 Homer Township (Medina County) at a glance
- Home values in Homer Township (Medina County)
- Homeowner costs in Homer Township (Medina County)
- Property taxes in Homer Township (Medina County)
- Types of homes in Homer Township (Medina County)
- Age of homes in Homer Township (Medina County)
- Heating fuel in Homer Township (Medina County)
- Commute and cars in Homer Township (Medina County)
- Population growth in Homer Township (Medina County)
- Fair Market Rent in Homer Township (Medina County)
- Ohio landlord and tenant rules
- Housing across Medina County
- Ohio places ranked by median household income
- Housing data for every place in Ohio