McDermott, Ohio Median Income

McDermott, Ohio has a population of 614, with a median household income of $48,600.

Current median income data for McDermott.

$48,600

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Population

614

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Median Income

$48,600

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Unemployment

3.70%

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Housing Price

$146,400

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Crime Rate

0.30

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Internet Speed

165.10 Mbps

McDermott 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.

Situated in Ohio, McDermott provides insight into regional population trends, income levels, and housing conditions.

Population Overview

McDermott has a population of 614, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in McDermott is $48,600, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in McDermott is about $146,400, making it relatively affordable compared to many cities in Ohio.

Employment and Safety

The unemployment rate in McDermott is 3.70%, slightly above the state average, suggesting moderate employment conditions. Crime rates in McDermott are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

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

Frequently Asked Questions about McDermott

What is the population of McDermott?

The population of McDermott is approximately 614.

Is McDermott a good place to live?

McDermott 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 McDermott?

The median household income in McDermott is around $48,600.

How expensive is housing in McDermott?

The average housing price in McDermott is approximately $146,400.