Home Value to Income Ratio Comparison
Housing

Illinois vs Ohio: Home Value to Income Ratio

Ohio has a lower home value to income ratio than Illinois.

Illinois flag
Illinois
IL • Midwest
3.16x
Median home value divided by median household income.
Ohio flag
Ohio
OH • Midwest
Winner
2.93x
Median home value divided by median household income.

Visual Comparison

Illinois 3.16x
Ohio 2.93x

Difference: 0.23x — Ohio leads.

Related Context

Home Affordability Ratios

A price-to-income ratio above 4× is stretched; above 6× is considered severely unaffordable.

What This Means

Illinois vs Ohio: Home Value to Income Ratio in context

Ohio has a home value to income ratio of 2.93x, compared with 3.16x in Illinois. Median home value divided by median household income.

Illinois
3.16x
Ohio
2.93x
Difference
0.23x

People Also Ask

Illinois vs Ohio Home Value to Income Ratio — Common Questions

Q What is Illinois's home value to income ratio?

Illinois's home value to income ratio is 3.16x.

Q What is Ohio's home value to income ratio?

Ohio's home value to income ratio is 2.93x.

Q Which state has a lower home value to income ratio — Illinois or Ohio?

Ohio has a lower home value to income ratio than Illinois.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset, with minimum wage data from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.