Drexel, Ohio Median Income

Drexel, Ohio has a population of 1,860, with a median household income of $64,800.

Current median income data for Drexel.

$64,800

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Population

1,860

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Median Income

$64,800

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Unemployment

2.90%

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Housing Price

$224,400

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Crime Rate

0.20

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Internet Speed

202.50 Mbps

Drexel is a small local community located in Ohio. The city has a population that is below the average city population in Ohio, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Drexel is a notable city in Ohio, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Drexel has a population of 1,860, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Drexel is $64,800, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Drexel average around $224,400, which is relatively high compared to other cities in Ohio.

Employment and Safety

The unemployment rate in Drexel is 2.90%, which is lower than the state average, indicating a relatively strong job market. Drexel has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Ohio, Drexel shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Ohio, Drexel contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Drexel

What is the population of Drexel?

The population of Drexel is approximately 1,860.

Is Drexel a good place to live?

Drexel offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Drexel?

The median household income in Drexel is around $64,800.

How expensive is housing in Drexel?

The average housing price in Drexel is approximately $224,400.