Living in Northwood, Ohio
Cost of living, income, home prices, rent and demographics of Northwood · Census data 2020–2024
Northwood has 5,193 residents with a median age of 43.3. The median household income is $77,268 (8% higher than the Ohio median), the median home value is $183,100, the median rent is $965/month.
Northwood at a glance
- Population
- 5,193
- Median age
- 43.3State: 39.7
- Median household income
- $77,268State: $71,389
- Median home value
- $183,100State: $214,800
- Median rent
- $965/moState: $1,034
- Homeowners
- 83.6%
- Bachelor's degree or higher
- 25.7%
- Average commute
- 20 min
Is Northwood a good place to live?
Pros: Median household income 8% higher than the Ohio median; home values 15% lower than the state median; an average commute of 20 minutes; unemployment of 0.2%.
Cons: A poverty rate of 13.8%.
The weather is best in June to September.
Cost of living in Northwood
Housing is the biggest part of the cost of living. In Northwood the median home value is $183,100, 45% lower than the U.S. median. Renters pay a median of $965 per month, which is 31.1% of household income. Homeowners with a mortgage pay $1,189 a month in housing costs.
Northwood median household income
The median household income in Northwood is $77,268 and the income per person is $45,282. 13.8% of residents live below the poverty line (Ohio: 13.3%).
Housing in Northwood: homes for sale and rent
- Housing units
- 2,476
- Owner-occupied
- 83.6%
- Renter-occupied
- 16.4%
- Vacant
- 9.5%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.30
Northwood demographics
- Population
- 5,193
- Median age
- 43.3
- Under 18
- 20.2%
- 65 and older
- 16.4%
- Households
- 2,240
- Foreign-born
- 2.8%
- Veterans
- 5.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Northwood ›
Education in Northwood
25.7% of adults 25 and older in Northwood have a bachelor's degree or higher (Ohio: 31.5%), and 12.5% have a graduate or professional degree.
Jobs and commute in Northwood
- Unemployment rate
- 0.2%State: 4.8%
- Average commute
- 20 minState: 23 min
- Work from home
- 5.5%
- Drive alone
- 87.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.2%
Northwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Northwood | 5,193 | $77,268 | $183,100 | $965 |
| Walbridge | 3,034 | $55,469 | $137,600 | $1,037 |
| Oregon | 19,799 | $82,197 | $204,600 | $900 |
| Millbury | 1,259 | $80,833 | $216,000 | $1,021 |
| Rossford | 6,323 | $71,199 | $174,900 | $898 |
| Curtice | 1,535 | $104,226 | $282,500 | — |
| Harbor View | 110 | $72,083 | $105,000 | $638 |
| Toledo | 267,463 | $49,724 | $114,500 | $901 |
| Clay Center | 388 | $61,875 | $118,400 | $908 |
More for people moving to Northwood
Northwood ZIP code ›Weather and climate ›Living in Northwood: FAQ
What is the median household income in Northwood, OH?
The median household income in Northwood is $77,268, 8% 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 Northwood?
The median home value in Northwood is $183,100, compared with $214,800 in Ohio.
How much is rent in Northwood?
The median gross rent in Northwood is $965 per month, about 31.1% of household income.
Is Northwood, OH a good place to live?
Pluses: median household income 8% higher than the Ohio median; home values 15% lower than the state median; an average commute of 20 minutes; unemployment of 0.2%. Minuses: a poverty rate of 13.8%.
What is the median age in Northwood?
The median age in Northwood is 43.3 years (Ohio: 39.7).
How long is the commute in Northwood?
The average commute to work in Northwood is 20 minutes; 5.5% of workers work from home.
What is the unemployment rate in Northwood?
The unemployment rate in Northwood is 0.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Northwood?
25.7% of adults in Northwood 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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