Cost of Living in Lima, OH
Population: 35,304 • 2026 Data
$43,370
Median Household Income
-44% vs national
$865
Median Monthly Rent
-36% vs national
$95,900
Median Home Value
-72% vs national
8.9%
Unemployment Rate
Housing in Lima
The median home value in Lima, OH is $95,900. Monthly rent for a typical unit averages $865, while total monthly housing costs (including utilities and insurance) average $818.
Rent-to-income ratio: 23.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lima, OH is $43,370. The unemployment rate stands at 8.9%, with a labor force of 16,013 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.