Photo: Nyttend · Public domainMeasured against area pay, Ripley Township costs less to live in than 71% of U.S. towns
Home prices around Ripley Township have risen about 56% over the past 5 years. No new homes were permitted in 2025.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Norwalk, OH micro area ($68K). How TownRatings grades cost of living
The grade compares costs with what households across the Norwalk-area micro earn ($68K, Census 2020–24). The typical home costs 2.7 years of area income, and 37% of renters pay 30% or more of income for housing.
In dollars
- $1,000a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 2.7 yrsof area income buys the typical home; the typical U.S. town: 3.3$68K, Norwalk-area income
- 20%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 3%of owners do; the typical U.S. town: 20%Census 2020–24
What kind of housing town is Ripley Township?
Read from the numbers below. The page puts what stands out first.
What’s behind Ripley Township’s grade
Measured against what households in the area earn, Ripley Township is more affordable than 71% of U.S. towns. Rent pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Home prices up 56% in 5 years
The federal house price index for the ZIP codes around Ripley Township rose 56% over the past 5 years, about the same as across Ohio. Last year prices rose 8.5%. Carrying the Census median home value forward with that index puts the typical Ripley Township home at roughly $219,000 today.
Carrying the Census median forward with the index puts a typical home at about $219K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Ripley 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 2.7 years of area income
The calculator starts from the area income the grade uses. Switch to Ripley Township’s own median, or type yours.
That covers a typical Ripley Township home, with $33K to spare.
A two-bedroom rents for about $1,000 a month here, $380 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Ripley Township’s typical property tax (1.25% 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 $1,000
Renters already here pay a median of $1,136.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Mansfield, OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Ripley Township in 2025. The last year with any was 2024 (1 new home).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 1 | 1 | 0 | $353,000 |
| 2023 | 1 | 1 | 0 | $303,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $200,000 |
| 2019 | 2 | 2 | 0 | $425,000 |
| 2018 | 2 | 2 | 0 | $450,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 2 | 2 | 0 | $400,000 |
| 2014 | 1 | 1 | 0 | $195,000 |
| 2013 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 8 | 8 | 0 | $683,000 |
| 2001 | 8 | 8 | 0 | $683,000 |
| 2000 | 8 | 8 | 0 | $683,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Ohio norm
The median bill is $2,259 (Ohio: $2,822), 1.25% 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+”.
Ripley Township vs. its neighbors
Zillow publishes no value for Ripley Township. Greenwich Township and Fairfield Township and New Haven 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 |
|---|---|---|---|---|---|
| Ripley Township | B+ | — | $180K | 1.25% | $1,000 |
| New Haven Township | A− | — | $131K | 1.12% | $1,000 |
| Fairfield Township | A− | — | $143K | 1.08% | $1,080 |
| Greenwich Township | A | — | $162K | 1.06% | $970 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Ripley Township
Is Ripley Township expensive to live in?
Measured against what households in the area earn, Ripley Township costs less than 71% of U.S. towns: a B+ for cost of living. The typical home costs 2.7 years of the median household income of the Norwalk, OH micro area ($68K).
How much is rent in Ripley Township?
HUD puts a two-bedroom at about $1,000 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,136 (Census 2020–24).
What are property taxes in Ripley Township?
The median bill is $2,259 a year, 1.25% of the median home value (Ohio: $2,822, 1.31%), from the Census 2020–24.
Neighbors talk housing
What Ripley 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. New homes: U.S. Census Bureau, Building Permits 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.