Living in Medway, Ohio
Cost of living, income, home prices, rent and demographics of Medway · Census data 2020–2024
Medway has 580 residents with a median age of 40.5. The median household income is $90,814 (27% higher than the Ohio median), the median home value is $182,300.
Medway is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Medway at a glance
- Population
- 580
- Median age
- 40.5State: 39.7
- Median household income
- $90,814State: $71,389
- Median home value
- $182,300State: $214,800
- Homeowners
- 100%
- Bachelor's degree or higher
- 13.8%
- Average commute
- 17 min
Is Medway a good place to live?
Pros: Median household income 27% higher than the Ohio median; home values 15% lower than the state median; an average commute of 17 minutes; unemployment of 4.5%.
Cons: A poverty rate of 14.9%.
The weather is best in May–June and August–September.
Cost of living in Medway
Housing is the biggest part of the cost of living. In Medway the median home value is $182,300, 45% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $1,125 a month in housing costs.
Medway median household income
The median household income in Medway is $90,814 and the income per person is $30,573. 14.9% of residents live below the poverty line (Ohio: 13.3%).
Housing in Medway: homes for sale and rent
- Housing units
- 235
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 11.5%Includes seasonal homes
- Median year built
- 1952
- Average household size
- 2.79
Medway demographics
- Population
- 580
- Median age
- 40.5
- Under 18
- 22.9%
- 65 and older
- 2.2%
- Households
- 208
- Foreign-born
- 0%
- Veterans
- 21%Adults 18+
Hispanic or Latino can be of any race. Population history of Medway ›
Education in Medway
13.8% of adults 25 and older in Medway have a bachelor's degree or higher (Ohio: 31.5%), and 7% have a graduate or professional degree.
Jobs and commute in Medway
- Unemployment rate
- 4.5%State: 4.8%
- Average commute
- 17 minState: 23 min
- Work from home
- 13.5%
- Drive alone
- 76.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 100%
Medway vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Medway | 580 | $90,814 | $182,300 | — |
| Crystal Lakes | 1,245 | $62,583 | $136,800 | $867 |
| Park Layne | 4,301 | $82,604 | $131,400 | $898 |
| Holiday Valley | 1,660 | $91,705 | $206,800 | — |
| Green Meadows | 2,144 | $73,281 | $157,800 | $1,045 |
| New Carlisle | 5,544 | $64,443 | $131,800 | $840 |
| Donnelsville | 308 | $67,708 | $142,200 | $817 |
| Enon | 2,587 | $96,912 | $206,600 | $813 |
| Wright-Patterson AFB | 1,508 | $89,615 | — | $1,422 |
More for people moving to Medway
Medway ZIP code ›Weather and climate ›Living in Medway: FAQ
What is the median household income in Medway, OH?
The median household income in Medway is $90,814, 27% higher 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 Medway?
The median home value in Medway is $182,300, compared with $214,800 in Ohio.
Is Medway, OH a good place to live?
Pluses: median household income 27% higher than the Ohio median; home values 15% lower than the state median; an average commute of 17 minutes; unemployment of 4.5%. Minuses: a poverty rate of 14.9%.
What is the median age in Medway?
The median age in Medway is 40.5 years (Ohio: 39.7).
How long is the commute in Medway?
The average commute to work in Medway is 17 minutes; 13.5% of workers work from home.
What is the unemployment rate in Medway?
The unemployment rate in Medway is 4.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Medway?
13.8% of adults in Medway 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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