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Sinking Spring, Ohio looking south on Main Street (Ohio Highway 41).Photo: Aesopposea · CC BY-SA 3.0
–Not graded
Cost of living in Sinking Spring · Census 2020–24 · HUD 2026

Renting in Sinking Spring: a two-bedroom costs about $970

Sinking Spring is too small for a cost of living grade (TownRatings grades places of 1,000 or more).

How TownRatings grades cost of living

Typical home value
$152K
OH $215K
Estimate
Homes sold
1
in July
2-bedroom rent
$970
a month, utilities in · HUD
Median tax bill
$1,506
OH $2,822

Only 1 sale in July 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Sinking Spring?

Read from the numbers below. The page puts what stands out first.

Your money goes further29% below the Ohio typical home.
A town of owners94% of households own their home.
Cost of living grade

Why Sinking Spring isn’t graded

The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing.

–Home pricesCensus figure available
–Property taxCensus figure available
–Households stretched4 renter households (the grade needs 200)
–RentNo Census median rent

How TownRatings grades cost of living →

Renting

A two-bedroom rents for about $970

Fair Market Rent a month, utilities included

Studio$740
1 bedroom$840
2 bedrooms$970
3 bedrooms$1,170
4 bedrooms$1,490
6%
of households rent · OH 33%
4
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Highland County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Property taxes

Property tax runs below the Ohio norm

The median bill is $1,506 (Ohio: $2,822), 0.99% of a home’s value a year, against 1.31% statewide.

$1,506
median bill a year · OH $2,822
0.99%
of a home’s value a year · OH 1.31%

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+”.

Next door

Sinking Spring and its neighbors

One source per column.

Cost next door · one source per column

TownCostTypical home
Zillow, latest
Median value
Census 2020–24
Tax rate
bill ÷ value
2-bed rent
HUD 2026
Sinking Spring–—$152K0.99%$970

“—” under Cost: not graded (too little Census data, or under 1,000 residents). “—” 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 Sinking Spring

How much is rent in Sinking Spring?

HUD puts a two-bedroom at about $970 a month with utilities, the going rate for someone moving in.

What are property taxes in Sinking Spring?

The median bill is $1,506 a year, 0.99% of the median home value (Ohio: $2,822, 1.31%), from the Census 2020–24.

Why doesn’t Sinking Spring have a cost of living grade?

Sinking Spring is too small for a cost of living grade (TownRatings grades places of 1,000 or more).

Neighbors talk housing

What Sinking Spring buyers, sellers and renters are saying.

Town Square →
Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, July 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. 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.