Willoughby, Ohio Median Income

Willoughby, Ohio has a population of 23,382, with a median household income of $78,200.

Current median income data for Willoughby.

$78,200

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Population

23,382

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Median Income

$78,200

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Unemployment

2.50%

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Housing Price

$344,400

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Crime Rate

0.10

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Internet Speed

228.70 Mbps

Willoughby is a small local community located in Ohio. The city has a population that is above 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, Willoughby provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Willoughby has a population of 23,382, which is higher than the state average. This indicates a relatively larger urban presence within Ohio.

Income and Economy

The median household income in Willoughby is $78,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Willoughby average around $344,400, which is relatively high compared to other cities in Ohio.

Employment and Safety

The unemployment rate in Willoughby is 2.50%, which is lower than the state average, indicating a relatively strong job market. Willoughby has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Overall, Willoughby offers a balanced mix of economic conditions, population trends, and housing opportunities within Ohio.

Frequently Asked Questions about Willoughby

What is the population of Willoughby?

The population of Willoughby is approximately 23,382.

Is Willoughby a good place to live?

Willoughby 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 Willoughby?

The median household income in Willoughby is around $78,200.

How expensive is housing in Willoughby?

The average housing price in Willoughby is approximately $344,400.