Affordability
Can you afford it?

Can a typical household afford a home in Central Ohio?

Franklin County is the reference market below.

is one number: whether the median household earns enough to buy the median home at today’s . When the index reads 100, the median-income household exactly qualifies for the median-priced home. Above 100 it has room to spare; below 100 it falls short.

The read right now — Franklin County

The median Franklin County household can't quite afford the median home at today's rate.

Franklin County affordability index 85.2 · as of August 1, 2026
100 = break-even. The median household income is about 14.8% short of the qualifying threshold.
Columbus vs. the nation

How Franklin County stacks up against the country.

85.2
Franklin County · as of August 1, 2026
National (FIXHAI)102.3

The national line is the Fixed Housing Affordability Index published through FRED — a long-running federal read where 100 means the median U.S. family earns exactly the income needed to buy the median-priced existing home. The Franklin County line is the same idea, computed locally from Central Ohio prices and incomes.

The two series don’t start on the same day. The national index reaches back to June 1, 2025, while the Franklin County series began January 1, 2019, so read the county line as a recent snapshot rather than a long trend for now — it lengthens every week.

Affordability index: Franklin County vs. national

Above 100 = affordable
Franklin County's affordability index is 85.2 as of August 1, 2026, compared with the national index of 102.3 as of June 1, 2026. 100 is the break-even line; above 100 is affordable.

A reading of 100 is the break-even line. Higher means more affordable.

The 20-county picture

How far a paycheck stretches in each county.

Clinton County is the most affordable market in the Central Ohio footprint right now at an index of 134.3; Pickaway County is the tightest at 84.2. A higher index means the local median household clears the bar with more room to spare.

Median income, price, estimated payment, and as of August 1, 2026. Estimated payment is monthly principal and interest at 20% down; qualifying income is the annual income a lender wants behind it.

RankRead
01Clinton$68,125$201,950$1,056$50,711134.3Affordable
02Marion$57,306$203,000$1,062$50,975112.4Affordable
03Clark$60,846$221,000$1,156$55,495109.6Affordable
04Champaign$74,239$282,500$1,478$70,938104.7Affordable
05Fayette$60,047$234,950$1,229$58,998101.8Affordable
06Knox$73,988$292,839$1,532$73,534100.6Affordable
Break-even line · index 100
07Logan$69,183$276,500$1,446$69,43199.6Stretched
08Delaware$130,088$539,500$2,822$135,47296.0Stretched
09Morrow$71,047$295,500$1,546$74,20295.7Stretched
10Ross$59,819$251,250$1,314$63,09194.8Stretched
11Madison$83,229$351,000$1,836$88,13994.4Stretched
12Fairfield$87,069$371,500$1,943$93,28693.3Stretched
13Licking$81,033$351,900$1,841$88,36591.7Stretched
14Perry$64,737$284,000$1,486$71,31490.8Stretched
15Union$109,506$487,495$2,550$122,41389.5Stretched
16Muskingum$59,203$265,520$1,389$66,67488.8Stretched
17Franklin$73,795$345,000$1,805$86,63285.2Stretched
18Athens$53,837$252,450$1,321$63,39284.9Stretched
19Hocking$61,366$290,000$1,517$72,82184.3Stretched
20Pickaway$72,927$344,900$1,804$86,60784.2Stretched
  1. 01Clinton
    134.3Affordable
  2. 02Marion
    112.4Affordable
  3. 03Clark
    109.6Affordable
  4. 04Champaign
    104.7Affordable
  5. 05Fayette
    101.8Affordable
  6. 06Knox
    100.6Affordable
  7. 07Logan
    99.6Stretched
  8. 08Delaware
    96.0Stretched
  9. 09Morrow
    95.7Stretched
  10. 10Ross
    94.8Stretched
  11. 11Madison
    94.4Stretched
  12. 12Fairfield
    93.3Stretched
  13. 13Licking
    91.7Stretched
  14. 14Perry
    90.8Stretched
  15. 15Union
    89.5Stretched
  16. 16Muskingum
    88.8Stretched
  17. 17Franklin
    85.2Stretched
  18. 18Athens
    84.9Stretched
  19. 19Hocking
    84.3Stretched
  20. 20Pickaway
    84.2Stretched

County incomes are U.S. Census Bureau American Community Survey five-year estimates, which move slowly, so week-to-week shifts in the ranking come from prices and rates.

The payment math

What the median home actually costs each month.

$1,896
Est. monthly principal & interest

Principal and interest only. Taxes, insurance, and HOA not included.

Income to qualify$91,026
Rate used6.83%

This is the same arithmetic behind the affordability index, shown in full. We take the , put 20% down, and amortize the rest over 30 years at the rate below. Lenders generally want the payment to sit near a quarter of gross income, which is where the qualifying-income figure comes from.

Median sold price is from the week ending July 26, 2026; the rate is seeded from the Mortgage News Daily 30-year average from August 1, 2026. Change the rate or down payment to see the payment move. Taxes, insurance, and PMI aren’t included, so a real monthly payment runs higher.

See how this payment weighs on the typical household →

Worked example

median home, 20% down, 30-year fixed
%
%
Median sold price$362,500
Down payment (20%)$72,500
Loan amount$290,000
30-year fixed rate6.83%
Monthly principal & interest$1,896
Annual income to qualify$91,026

Principal and interest only. A full payment adds property tax, homeowner’s insurance, and — under 20% down — mortgage insurance.

What moves the number

Home prices, mortgage rates, and household income.

Home prices

rising

The median Central Ohio home last sold for $362,500. Prices have been climbing over the last quarter, which pushes affordability down.

Mortgage rates

too new to call

The sits at 6.83%. The rate series is still too young to claim a trend — this is the current level.

Household income

slow anchor

Incomes are the slow-moving anchor. We use Census American Community Survey five-year estimates, so they barely shift week to week — meaning almost all the short-term movement in affordability comes from prices and rates, not paychecks.

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About this data

The county affordability indexes and the median sold price are derived from Central Ohio MLS activity, grouped into complete Monday-to-Sunday weeks. Based on information from the Columbus Association of REALTORS (period 2026-07-20 through 2026-07-26).

The national affordability line is the Fixed Housing Affordability Index (FIXHAI), retrieved from the Federal Reserve Bank of St. Louis (FRED). The 30-year mortgage rate is the daily 30-year fixed average published by Mortgage News Daily. County household incomes are U.S. Census Bureau American Community Survey five-year estimates.