ZIP Code 44846 is primarily located in Milan, OH in Erie County. This Ohio region has an estimated median housing rent of $753 per month. About 13.4% of all housing units in this Erie County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 9.6%.
The median rent in ZIP Code 44846 of $753 per month is 7% lower than the aggregate Ohio median monthly rent of $808, and is 29% lower than the $1,062 the median monthly rent in the U.S. overall. About 75.5% of residents in ZIP Code 44846 pay between $500 and $999 per month for rent. That is 30% higher than in Ohio overall, in which 58.3% of total state residents pay between $500 and $999 per month for housing. Only 9.8% of renters in this Milan, OH region pay less than $500 per month for rent.
See the chart below for a comparison of monthly rental costs in ZIP Code 44846, Ohio, and also in the U.S. as a whole.
See the table below for the regional comparison of monthly rental costs.
| Cost | ZIP 44846 | Ohio | U.S. |
|---|---|---|---|
| Less than $500 | 9.8% | 13.5% | 9.4% |
| $500 to $999 | 75.5% | 58.3% | 36.2% |
| $1,000 to $1,499 | 14.7% | 22.3% | 30.0% |
| $1,500 to $1,999 | 0.0% | 4.1% | 14.0% |
| $2,000 to $2,499 | 0.0% | 1.0% | 5.6% |
| $2,500 to $2,999 | 0.0% | 0.3% | 2.4% |
| $3,000 or more | 0.0% | 0.4% | 2.4% |
Renters in ZIP Code 44846 use an estimated 23.8% of their income to cover their monthly rent payments. That is about 16% lower than in Ohio overall. The estimate for Ohio overall is 28.47% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 44846 renters use about 20% less of their income to cover rent expense. Household income figures for ZIP Code 44846 come in higher than in Ohio as a whole. The median annual household income in ZIP Code 44846 of $77,044 sits approximately 36% higher than the overall Ohio median income of $56,602 and approximately 23% higher than median income of $62,843 in the U.S. as a whole.
See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 44846, Ohio, and also in the U.S. as a whole.
See the table below for the regional comparison of monthly rent as a percentage of household income.
| Rent Cost as % of Income | ZIP 44846 | Ohio | U.S. |
|---|---|---|---|
| Less than 15.0 percent | 28.4% | 15.9% | 13.1% |
| 15.0 to 19.9 percent | 20.6% | 14.5% | 12.9% |
| 20.0 to 24.9 percent | 15.7% | 13.0% | 12.9% |
| 25.0 to 29.9 percent | 0.0% | 11.7% | 11.6% |
| 30.0 to 34.9 percent | 11.8% | 8.4% | 9.1% |
| 35.0 percent or more | 23.5% | 36.4% | 40.5% |
See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 44846.
| ZIP 44846 | Ohio | U.S. | |
|---|---|---|---|
| Median Housing Rent | $753 | $808 | $1,062 |
| Renter-Occupied Housing Units | 13.4% | 33.9% | 36.0% |
| Rental Vacancy Rate | 9.6% | 5.3% | 6.0% |
| Average Size of Renter-Occupied Unit | 2.32 | 2.23 | 2.49 |
| Average # of Bedrooms Per Unit | 3.28 | 2.78 | 2.75 |
| Percent of Income Spent on Rent | 23.8% | 28.47% | 29.83% |
| Per Capita Income | $33,875 | $31,552 | $34,103 |
| Median Household Income | $99,684 | $76,958 | $88,607 |
| Living Below the Poverty Line | 4.5% | 9.9% | 9.5% |
In ZIP Code 44846 (Milan, OH), and estimated 13.4% of housing units are occupied by renters. This region has an approximate rental vacany rate of 9.6%.
The per capita income in 44846 is estimated at $33,875, which goes along with an estimated median household income of $99,684. About 4.5% of residents in this Erie County region live below the poverty line.
Among renter-occupied units in this ZIP, the average occupancy is 2.32 occupants, while the units have an aggregate average size of 3.28 bedrooms per unit.
Renters in this ZIP-defined region spend an average of 23.8% of their income on housing rental costs.
