Housing costs in Terrace Park?
A typical home costs
$591,500, which is 74.9% more expensive than the national average of
$338,100 and 200.3% more expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Terrace Park costs
$1,310 per month, which is 33.7% more than the national average of
$980 and 16.8% more than the state average of
$1,090.
Can I afford Terrace Park?
To live comfortably in Terrace Park (zip 45174), Ohio, a minimum annual income of
$113,400 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Terrace Park?
The cost of living in 45174 Terrace Park, OH is considered to be quite reasonable. The median home price in this area is $309,000, which is slightly below the national average. Rent prices are also relatively low compared to the rest of the state, with a median rental rate of just under $1,000 per month. Grocery and other goods are generally priced at market rate or less, making it a great place to live if you're looking for an affordable lifestyle. Additionally, the taxes in 45174 Terrace Park, OH are some of the lowest in Ohio and there are no income taxes for residents who live and work in the area.