Quick facts: Athens, OH

Quick Facts

96.4
Cost of Living
below US average
20,820
Population
28.1
Crime Rate per 1000
above US average
$34,493
Median Income
below US average
$284,500
Median House Price
above US average
$954.29
Average Rent
below US average
20%
Poverty Rate
above US average
9.8%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $34,493.

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Income Needed to Buy

βœ— Stretch
$89k/year
Based on $284,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $89k vs median $34,493
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Income Needed to Rent

⚠ Stretch
$41k/year
Based on $954.29/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $41k vs median $34,493
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Athens, OH

Athens, Ohio, is a vibrant city located in the southeastern part of the state. Known for its rich history and cultural charm, Athens is home to Ohio University, one of the nation's oldest higher education institutions. The presence of the university brings a youthful energy to the town, with a diverse population of students and residents contributing to its dynamic atmosphere. Athens is renowned for its picturesque landscapes, nestled in the foothills of the Appalachian Mountains and surrounded by lush forests and scenic trails, making it a haven for outdoor enthusiasts. The Hocking River flows through the city, offering opportunities for kayaking, fishing, and hiking. The city is also steeped in culture, featuring a variety of local shops, art galleries, and restaurants that showcase Appalachian cuisine. Events like the Ohio University’s annual International Street Fair and local farmers’ markets highlight the community spirit and diversity. With its blend of education, nature, and community engagement, Athens provides a unique, small-town feel while fostering a lively, intellectual environment, making it an appealing place to live and visit.

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