What is the median home price in Ravenna?

The median home price in Ravenna, Ravenna city, Ohio is $123,300, which is 56% below the national average of 281,900 ($281,900).

Ravenna, Ravenna city, Ohio has a violent crime rate of 1.4 per 1,000 residents, which is 61% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the Walk Score for Ravenna?

Ravenna, Ravenna city, Ohio has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 26/100.

What is the median household income in Ravenna?

The median household income in Ravenna, Ravenna city, Ohio is $48,221, which is 35% below the national average of 74,580 ($74,580).

What is the average rent in Ravenna?

The median rent in Ravenna, Ravenna city, Ohio is $888 per month. The national average median rent is $1,163/month.

What is the air quality in Ravenna?

Ravenna, Ravenna city, Ohio has an Air Quality Index (AQI) of 43, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Ravenna?

The population of Ravenna, Ravenna city, Ohio is approximately 11,323. The homeownership rate is 88.0% (national average: 65.9%).

What are the climate risks in Ravenna?

Ravenna, Ravenna city, Ohio has an overall climate risk rating of "Very Low" with a risk score of 7.70. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Ravenna affordable?

Ravenna, Ravenna city, Ohio has an affordability index of 135, which is above the national baseline of 100, indicating relatively affordable housing. The electricity rate is 14.5¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Ravenna?

The unemployment rate in Ravenna, Ravenna city, Ohio is 7.0%. The national average unemployment rate is 3.7%. The poverty rate is 19.8% (national average: 12.4%).

Ravenna

Ravenna city, Ohio

Affordable

About Ravenna

Ravenna, Ohio, is a hidden gem for those seeking affordability without sacrificing a comfortable lifestyle. This charming community of just over 11,000 residents offers a refreshing alternative to the soaring costs of many American cities. Imagine owning a home for a median value of around $123,300 – a stark contrast to the national median of approximately $350,000. Here, you'll find a slower pace of life, where neighbors know each other and community events are a regular occurrence. Ravenna isn’t about flashy amenities, but rather a focus on everyday living, offering parks, local eateries, and a sense of belonging that's hard to find elsewhere.

From an investment perspective, Ravenna presents a compelling case. While the median household income of about $48,221 is lower than the national average, the extremely affordable housing market offers a significant advantage. This can be especially attractive for first-time homebuyers or those looking to downsize and reduce their cost of living. While specific unemployment figures fluctuate, the overall safety and community-oriented atmosphere make Ravenna ideal for families, retirees, and anyone seeking a secure and budget-friendly place to call home.

Ravenna, Ohio at a Glance

Ravenna is a city in Ravenna city, Ohio with a population of approximately 11,323. The median home value is $123,300 and the median household income is $48,221. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Very Low." Median rent is $888 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.