A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +3.2% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, −100.0% YoY, is the number to watch.
The median listing price is up 3.2% YoY while the median home got up 8.5% bigger, so value per square foot is down 4.9%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $114K purchase rents for $1,275/mo: 1.12% of price per month against the 1% rule's 1.00%.
U.S. Census ACS characteristics for ZIP 43217 itself, not its parent county.
Renters hold 92.0% of this ZIP's 736 occupied households, on a median household income of $61K.
| Measure | ZIP 43217 | Franklin County | Difference |
|---|---|---|---|
| Median Household Income | $61K | $75K | -$14K |
| Below Poverty Level | 14.4% | 14.7% | -0.3% |
| Median Age | 26.50 | 34.80 | -8.30 |
| Total Population | 2,091 | 1,333,048 | -- |
| Avg Household Size | 2.84 | 2.36 | +0.48 |
| Owner-Occupied | 8.0% | 52.8% | -44.8% |
| Worked From Home | 6.9% | 19.3% | -12.4% |
| Mean Commute | 22.10 | 21.50 | +0.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.9% to 1,333,048: residents under 18 are up 0.4% and those 65 and over are up 3.4%.
County median household income is $75K, 14.7% of residents are below the poverty level, 19.3% work from home.