Housing costs in Magnolia?
A typical home costs
$196,200, which is 42.0% less expensive than the national average of
$338,100 and 0.4% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Magnolia costs
$820 per month, which is 16.3% cheaper than the national average of
$980 and 4.9% cheaper than the state average of
$860.
Can I afford Magnolia?
To live comfortably in Magnolia (zip 44643), Ohio, a minimum annual income of
$37,440 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Magnolia?
The cost of living in 44643 Magnolia, OH is relatively affordable. The median home value is $197,500, which is lower than the national average of $231,200. The median household income is just over $63,000 per year, which is slightly above the US average of $61,000 per year. While the area may be a bit more expensive than other parts of Ohio and the US as a whole, it still remains an affordable place to live when compared to larger cities and metropolitan areas around the country. Additionally, there are plenty of amenities nearby such as parks, shopping centers, restaurants, and entertainment venues that make living in this area more attractive.