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ZipNumbers

Ohio · Census place 80458

Wakeman village, OH

Quick answer

Wakeman village has 1,100 residents, ranking #651 of 1265 places in Ohio. Median household income is $70,393, the median home is worth $169,300 and median gross rent runs $776 a month.

Population
1,100Wakeman village residents
Median household income
$70,393Past 12 months, inflation adjusted
Median home value
$169,300Owner-occupied units
Median gross rent
$776Rent plus utilities, monthly
Median age
30.6 yrsAll residents
Homeownership rate
74.9%Owner-occupied households

What the numbers mean in Wakeman village

Housing cost measured against local earnings.

A household earning the Wakeman village median would spend about 13.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8% of residents and 74.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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