Photo: Nyttend · Public domainEven on the area’s higher pay, Fallsbury Township costs more to live in than 50% of U.S. towns
Home prices around Fallsbury Township have risen about 65% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Columbus, OH metro area ($82K). How TownRatings grades cost of living
The grade measures what housing costs against what households in the area earn. Fallsbury Township’s area earns well above the typical U.S. town ($82K against $74K), but homes, rent and taxes here run higher still.
In dollars
- $1,080a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 95prices across the Columbus metro, where the U.S. is 100 (housing 88)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.6 yrsof area income buys the typical home; the typical U.S. town: 3.3$82K, Columbus-area income
- 34%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Fallsbury Township
What’s behind Fallsbury Township’s grade
Measured against what households in the area earn, Fallsbury Township is more affordable than 50% of U.S. towns. The share of households paying 30%+ for housing pulls the grade down most; home prices hold it up.
Home prices up 65% in 5 years
The federal house price index for the ZIP codes around Fallsbury Township rose 65% over the past 5 years, faster than across Ohio (53%). Last year prices rose 12%. Carrying the Census median home value forward with that index puts the typical Fallsbury Township home at roughly $260,000 today.
Carrying the Census median forward with the index puts a typical home at about $260K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Fallsbury Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.6 years of area income
The calculator starts from the area income the grade uses. Switch to Fallsbury Township’s own median, or type yours.
That covers a typical Fallsbury Township home, with $53K to spare.
A two-bedroom rents for about $1,080 a month here, $510 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Fallsbury Township’s typical property tax (1.04% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,080
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Columbus, OH HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Ohio norm
The median bill is $2,248 (Ohio: $2,822), 1.04% of a home’s value a year, against 1.31% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Fallsbury Township
Only figures published free for the whole country, each labeled with the area it covers: the Columbus, OH metro area, or Ohio. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 95 | OH 93 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 94 | OH 94 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 96 | OH 96 | metro | BEA, 2024 |
| Other services U.S. = 100 | 99 | OH 99 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Fallsbury Township vs. its neighbors
Zillow publishes no value for Fallsbury Township. Pike Township and Eden Township and Perry Township and Jackson Township have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Fallsbury Township | B− | — | $217K | 1.04% | $1,080 |
| Perry Township | A | — | $218K | 0.96% | $1,110 |
| Eden Township | A | — | $223K | 1.00% | $1,120 |
| Pike Township | – | — | $231K | 0.66% | $1,070 |
| Jackson Township | A | — | $154K | 0.63% | $1,140 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Fallsbury Township
Is Fallsbury Township expensive to live in?
Measured against what households in the area earn, Fallsbury Township costs more than 50% of U.S. towns: a B− for cost of living. The typical home costs 2.6 years of the median household income of the Columbus, OH metro area ($82K).
How much is rent in Fallsbury Township?
HUD puts a two-bedroom at about $1,080 a month with utilities, the going rate for someone moving in.
What are property taxes in Fallsbury Township?
The median bill is $2,248 a year, 1.04% of the median home value (Ohio: $2,822, 1.31%), from the Census 2020–24.
Neighbors talk housing
What Fallsbury Township buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.