Living in Drexel, Ohio
Cost of living, income, home prices, rent and demographics of Drexel · Census data 2020–2024
Drexel has 1,751 residents with a median age of 26.8. The median household income is $32,094 (55% lower than the Ohio median), the median home value is $63,800, the median rent is $1,109/month.
Drexel at a glance
- Population
- 1,751
- Median age
- 26.8State: 39.7
- Median household income
- $32,094State: $71,389
- Median home value
- $63,800State: $214,800
- Median rent
- $1,109/moState: $1,034
- Homeowners
- 32.4%
- Bachelor's degree or higher
- 16.1%
- Average commute
- 19 min
Is Drexel a good place to live?
Pros: Home values 70% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 55% lower than the Ohio median; unemployment of 16.8%; a poverty rate of 15.7%.
The weather is best in May–June and August–September.
Cost of living in Drexel
Housing is the biggest part of the cost of living. In Drexel the median home value is $63,800, 81% lower than the U.S. median. Renters pay a median of $1,109 per month, which is 24.3% of household income. Homeowners with a mortgage pay $779 a month in housing costs.
Drexel median household income
The median household income in Drexel is $32,094 and the income per person is $19,931. 15.7% of residents live below the poverty line (Ohio: 13.3%).
Housing in Drexel: homes for sale and rent
- Housing units
- 748
- Owner-occupied
- 32.4%
- Renter-occupied
- 67.6%
- Vacant
- 5.1%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.45
Drexel demographics
- Population
- 1,751
- Median age
- 26.8
- Under 18
- 43.5%
- 65 and older
- 9.5%
- Households
- 710
- Foreign-born
- 0%
- Veterans
- 1.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Drexel ›
Education in Drexel
16.1% of adults 25 and older in Drexel have a bachelor's degree or higher (Ohio: 31.5%), and 2.9% have a graduate or professional degree.
Jobs and commute in Drexel
- Unemployment rate
- 16.8%State: 4.8%
- Average commute
- 19 minState: 23 min
- Work from home
- 12.7%
- Drive alone
- 83.6%
- Public transit
- 3.1%
- Walk to work
- 0%
- Homes with broadband
- 87.2%
Drexel vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Drexel | 1,751 | $32,094 | $63,800 | $1,109 |
| Moraine | 6,536 | $48,788 | $156,800 | $1,035 |
| Trotwood | 23,041 | $50,113 | $113,200 | $1,031 |
| Fort McKinley | 3,508 | $45,687 | $59,900 | $1,049 |
| West Carrollton | 12,976 | $61,619 | $156,900 | $1,028 |
| New Lebanon | 4,169 | $69,906 | $115,600 | $914 |
| Dayton | 136,579 | $45,247 | $100,600 | $918 |
| Shiloh | 10,526 | $45,874 | $126,800 | $883 |
| Oakwood | 9,458 | $156,667 | $370,100 | $1,416 |
More for people moving to Drexel
Drexel ZIP code ›Weather and climate ›Living in Drexel: FAQ
What is the median household income in Drexel, OH?
The median household income in Drexel is $32,094, 55% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Drexel?
The median home value in Drexel is $63,800, compared with $214,800 in Ohio.
How much is rent in Drexel?
The median gross rent in Drexel is $1,109 per month, about 24.3% of household income.
Is Drexel, OH a good place to live?
Pluses: home values 70% lower than the state median; an average commute of 19 minutes. Minuses: median household income 55% lower than the Ohio median; unemployment of 16.8%; a poverty rate of 15.7%.
What is the median age in Drexel?
The median age in Drexel is 26.8 years (Ohio: 39.7).
How long is the commute in Drexel?
The average commute to work in Drexel is 19 minutes; 12.7% of workers work from home.
What is the unemployment rate in Drexel?
The unemployment rate in Drexel is 16.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Drexel?
16.1% of adults in Drexel have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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