B

Novelty, OH

Source:

Affordability Score: 73/100

Population: 4,383 · 1 ZIP codes

The affordability dashboard for Novelty, OH aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 4,383 residents, then layers in county-level federal data to produce an overall grade of B (73/100). The headline inputs are median household income of $107,146, median home value of $355,400, median rent of $1,194 per month, and 56.7% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,279 per month (studio $933, 1BR $1,058, 3BR $1,646, 4BR $1,760). Department of Labor data lists infant center-based childcare at $15,340 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Novelty, OH include income, education, rent. Unemployment currently reads 5.4% and poverty 3.1% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$107,146
Median household income
Education A
56.7%
Bachelor's degree or higher
Housing C
3.3x
Home value $355,400 vs income
Commute C-
25 min
Average commute time
Rent A+
$1,279/mo
2BR fair market rent (14% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$15,340/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$107,146
▲ 73% vs national
Per Capita Income
$56,055
Unemployment Rate
5.4%
Poverty Rate
3.1%

Housing

Median Home Value
$355,400
▲ 29% vs national
Median Rent
$1,194/mo
Owner Occupied
84.6%
2BR Fair Market Rent
$1,279/mo
▲ 7% vs national

Fair Market Rents by Bedroom

Studio
$933
1BR
$1,058
2BR
$1,279
3BR
$1,646
4BR
$1,760

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
56.7%
▲ 27 ppt vs national
High School+
76.0%
Median Age
48.0
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
$15,340/yr
14% of income
Toddler (Center)
$13,780/yr
Preschool (Center)
$12,064/yr
School-Age (Center)
$7,800/yr

What This Means

Novelty, OH receives an overall affordability grade of B (73/100), aggregated from 1 ZIP codes with a total population of 4,383. This area performs well in income and education and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Novelty ZIP Codes
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What are common questions about this dashboard?

Is Novelty, OH affordable?
Novelty, OH receives an overall affordability grade of B (73/100) based on Census, HUD, FBI, and DOL data. Median household income is $107,146. Median home value is $355,400.
What is the cost of living in Novelty?
Key cost metrics: Median rent $1,194/mo. 2BR fair market rent $1,279/mo. Infant childcare $15,340/yr. Median home value $355,400.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →