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These days, finding an affordable place to live in the Macedon area can be challenging. Home prices in Macedon are now at a median cost of $400,727, higher than the Ohio average of $236,816.
The average cost of rent is $833/mo in Macedon, primarily driven by the current value of real estate in the Macedon area. In Macedon, 30.65% of households rent, and 48.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Macedon is $6,982 per month. Households that rent pay about 11.94% of their income on rent here. Macedon’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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