Northwood
Northwood city, Ohio
If you're seeking a slice of Americana with a refreshingly affordable price tag, Northwood, Ohio, deserves a serious look. This charming community of just over 5,000 residents offers a lifestyle that prioritizes ease and value. Imagine a place where the median home value clocks in at a remarkable $155,100 – less than half the national average – yet the median household income holds steady at a robust $74,404, nearly mirroring the US median. This unique blend of affordability and financial stability allows residents to enjoy a comfortable standard of living without the financial strain of pricier locales. Northwood’s appeal lies in its down-to-earth atmosphere and the tangible benefits of a tight-knit community.
From an investment perspective, Northwood presents a compelling case for both homeowners and savvy investors. While specific employment data isn't available, the healthy median income suggests a stable local economy. With home values significantly below the national average, the potential for appreciation is strong. Northwood is ideal for young families, first-time homebuyers, and those seeking a less frenetic pace of life without sacrificing financial security. The town's reputation for safety and its proximity to larger metropolitan areas make it an attractive and practical choice for those looking for a balanced lifestyle.
Northwood, Ohio at a Glance
Northwood is a city in Northwood city, Ohio with a population of approximately 5,180. The median home value is $155,100 and the median household income is $74,404.. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average.. Median rent is $866 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$155,100
Median Income
$74,404
Population
5,180
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 5,180
- Median Age
- N/A
- Median Household Income
- $74,404
Near nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 11.9%
4% below nat'l avg
- Median Home Value
- $155,100
45% below nat'l avg
- Median Rent
- $866
26% below nat'l avg
- Homeownership Rate
- 81.8%
24% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.4 per 1K
61% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 0.7%
81% below nat'l avg
- Poverty Rate
- 11.9%
4% below nat'l avg
Political Landscape
→ Politically stable
Based on Morrow County county-level presidential election data
Culture & Things to Do in Northwood
Toledo Jeep Fest
An annual Jeep-themed festival with parades, off-road courses, and vendor exhibits.
Glass City Marathon
A springtime marathon that winds through the city of Toledo and surrounding areas.
Toledo Pride
An annual LGBTQ+ pride celebration with a parade, entertainment, and vendors.
Old West End Festival
A historic home and garden tour with arts and crafts, food, and music.
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