Photo: Roseohioresident · CC BY-SA 4.0Measured against area pay, Wayne Township costs more to live in than 67% of U.S. towns
It ranks #792 of 993 in Ohio for affordability. Home prices around Wayne Township have risen about 57% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Wooster, OH micro area ($74K). How TownRatings grades cost of living
The grade compares costs with what households across the Wooster-area micro earn ($74K, Census 2020–24). Even so, the typical home costs 3.9 years of area income, and 100% of renters pay 30% or more of income for housing.
In dollars
- $1,080a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 3.9 yrsof area income buys the typical home; the typical U.S. town: 3.3$74K, Wooster-area income
- 19%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Wayne Township
What’s behind Wayne Township’s grade
Measured against what households in the area earn, Wayne Township is more affordable than 33% of U.S. towns, #792 of 993 in Ohio. Property tax pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Home prices up 57% in 5 years
The federal house price index for the ZIP codes around Wayne Township rose 57% over the past 5 years, faster than across Ohio (53%). Last year prices rose 5.1%. Carrying the Census median home value forward with that index puts the typical Wayne Township home at roughly $357,000 today.
Carrying the Census median forward with the index puts a typical home at about $357K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Wayne 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 3.9 years of area income
The calculator starts from the area income the grade uses. Switch to Wayne Township’s own median, or type yours.
That’s $92K short of a typical Wayne Township home.
A two-bedroom rents for about $1,080 a month here, $1,240 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Wayne Township’s typical property tax (1.52% 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 (Ashland County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs above the Ohio norm
The median bill is $4,397 (Ohio: $2,822), 1.52% 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+”.
Wayne Township vs. its neighbors
Zillow publishes no value for Wayne Township. Chester Township and Wooster Township and Green Township and Canaan 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 |
|---|---|---|---|---|---|
| Wayne Township | C | — | $289K | 1.52% | $1,080 |
| Wooster | B | $263K | $214K | 1.22% | $1,080 |
| Canaan Township | B+ | — | $207K | 1.16% | $1,040 |
| Chester Township | B+ | — | $244K | 1.06% | $1,060 |
| Green Township | B+ | — | $211K | 1.24% | $1,080 |
| Wooster Township | B | — | $241K | 1.09% | $1,080 |
“—” 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 Wayne Township
Is Wayne Township expensive to live in?
Measured against what households in the area earn, Wayne Township costs more than 67% of U.S. towns: a C for cost of living, #792 of 993 in Ohio. The typical home costs 3.9 years of the median household income of the Wooster, OH micro area ($74K).
How much is rent in Wayne 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 Wayne Township?
The median bill is $4,397 a year, 1.52% of the median home value (Ohio: $2,822, 1.31%), from the Census 2020–24.
Neighbors talk housing
What Wayne 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.