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Allen County, OH

RANK #6 / 996  ·  POP 102,087  ·  OH

PROJECTED GROWTH: +5.2%

Allen County ranks among the top U.S. counties across nearly every economic indicator.

[01] Why Allen County?

Allen County, Ohio, is perhaps best known for Lima, its largest city and county seat, which gained pop culture recognition as the setting for the television show "Glee." Located in northwestern Ohio, Lima sits along Interstate 75, roughly 72 miles north of Dayton and 78 miles south of Toledo, making commutes to larger cities accessible. The community offers a blend of urban amenities and small-town charm, with a variety of parks and natural areas like the Johnny Appleseed Metropolitan Park District providing opportunities for hiking, biking, and enjoying green spaces.

Life in Allen County offers a balance of affordability and community focus. Public schools in the county are highly rated, with several districts serving the area. The economy is driven by manufacturing, healthcare, and education, with institutions like Ohio State University at Lima and Rhodes State College contributing to the educational landscape. Recent years have seen significant investment in commercial and residential developments, alongside growth in data center and logistics sectors, indicating a forward-looking economic picture for residents.

[02] Market Snapshot

Housing Ratio
1.7x

Undervalued relative to economy

GDP Growth
+7.5%

Well above national median

Home Prices
+6.9%

Outpacing national median

Climate & Terrain
-2.4

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 1.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Allen County U.S. National

The Numbers

DEMOGRAPHICS
Population
102,087
-0.37% YoY
Median Household Income
$58,976
Median Home Value
$147,000
+6.94% 12mo
Median Rent
$844
Average Annual Pay
$58,790
+5.2% YoY
Employment
49,690
+0.2% YoY
Income-to-Home-Value
0.4012
More affordable than average
Migration Inflow
3.43%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$181,000
Days on Market
71
Slower market
Months of Supply
3.4
Balanced market
Sale-to-List Ratio
96.0%
Negotiation room for buyers
Sold Above List
23.3%
Listings w/ Price Drops
27.6%
Building Permits (2024)
100
Single-Family Permits
94

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$660M
TOTAL
PROJECT AMOUNT STATUS
Google Data Center (Project BOSC)
Google
$500M Planned
Downtown Lima Revitalization Projects
Various (public and private)
$60M Completed
Infrastructure Improvements (associated with Google Data Center)
Allen County (funded by Google)
$50M Under Construction
Ohio Logistics Spec Buildings (2 x 100,000 sq ft)
Ohio Logistics
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +7.5% 95 percentile
Population Growth -0.4% 14 percentile
Income Growth +7.0% 18 percentile
Vacancy Rate 0.8% 73 percentile
Home Price Change +6.9% 97 percentile
Rent Growth +13.6% 99 percentile
Price/Rent 10x 86 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Allen County, OH a good place to move to?

Allen County has a Boom Town Index score of 100/100, ranking #6 among 996 U.S. counties. With job growth at +0.2% and a median household income of $58,976, it's an above-average county on economic indicators.

Is Allen County affordable?

The median home value in Allen County is $147,000 with median rent at $844/month. The income-to-home-value ratio is 0.4012, which is more affordable than the national average.

Is Allen County growing or shrinking?

Population growth: -0.4% year-over-year. Job growth: +0.2%. Home values changed +6.9% in the past 12 months.

Are people moving to Allen County?

Yes — 3.43% of Allen County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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