Lucas County
Ohio ยท Pop. 431,279
Ranked #1 of 200 counties
64Moderate
Median Home Price
๐$160K
3.0% YoY
Median Rent
๐$950
Median Income
๐ฐ$46K
Rent Burden
๐29.0%
% of income to rent
Housing Shortage
๐๏ธ5,000
estimated unit deficit
Building Permits (2024)
๐1,500
Price-to-Income Ratio
โ๏ธ3.5x
Homeownership Rate
๐ก58.5%
How Lucas County Compares
| Metric | Lucas County | Ohio | National |
|---|---|---|---|
| Home Price | $160K | $220K | $410K |
| Rent | $950 | $1,014 | $1,500 |
| Income | $46K | $68K | $75K |
| Rent Burden | 29.0% | 29.5% | 30.0% |
| Homeownership | 58.5% | 67.0% | 65.0% |
Key Takeaways
- โข Home prices are 61% below the national average.
- โข Rent is 37% below the national average.
- โข The county has an estimated housing shortage of 5,000 units.
- โข 1,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.0%.