98 / 100

Mahoning County, OH

Youngstown

RANK #20 / 996 NAT  ·  #2 / 49 OH  ·  POP 227,979

1YR FORECAST: +6.1%

5YR OUTLOOK: +43%

#14 Best for Investment
Our model projects Mahoning County's housing market to grow +6.1% over the next year, significantly outpacing the national average.

[01] Why Mahoning County?

Mahoning County, Ohio, is often recognized for Mill Creek MetroParks, one of the largest metropolitan parks in the United States, offering over 4,500 acres of diverse landscapes, including waterfalls, gardens, and 45 miles of trails for hiking and biking. Located in Northeast Ohio, Mahoning County sits roughly midway between Cleveland and Pittsburgh, with both major cities accessible within an hour's drive. This proximity influences commute patterns, with many residents traveling to nearby urban centers. The community maintains a blend of urban and suburban characteristics, with towns like Canfield and Poland offering highly-rated public schools.

Life in Mahoning County balances historical roots with forward-looking development. The area, once a steel industry hub, has seen a shift towards diversification. While many residents own their homes, the county attracts a mix of young professionals and retirees. Recent economic activity includes investments in advanced manufacturing and technology sectors, with projects focused on aerospace and defense innovation. Efforts are also underway to develop workforce housing and improve infrastructure, aiming to support a growing workforce and enhance the overall quality of life.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
+1.9%

Below national median

Home Prices
+6.7%

Outpacing national median

Climate & Terrain
-1.7

Below-average climate & terrain

Price/Rent
10x

Strong rental yield

Housing looks undervalued at 3.1x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Mercy Health Healthcare
    2,500+
  2. 2
    Ultium Cells Manufacturing
    1,000+
  3. 3
    Youngstown City School District Education
  4. 4
    Mahoning County Government Government
  5. 5
    Youngstown State University Education
  6. 6
    Infocision Management Other
  7. 7
    Alorica Inc. Other
  8. 8
    Foxconn Manufacturing
    500+
  9. 9
    Austintown Local Schools Education
  10. 10
    HomeGoods Distribution Center Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Mahoning County U.S. National

The Numbers

DEMOGRAPHICS
Population
227,979
-0.46% YoY
Median Household Income
$54,279
Median Home Value
$132,000
+6.71% 12mo
Median Rent
$753
Average Annual Pay
$51,623
+3.8% YoY
Employment
93,784
+0.2% YoY
Income-to-Home-Value
0.4112
More affordable than average
Migration Inflow
2.51%
of pop. from another state
Bachelor's Degree+
26.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$185,000
Days on Market
69
Slower market
Months of Supply
3.6
Balanced market
Sale-to-List Ratio
95.4%
Negotiation room for buyers
Sold Above List
15.0%
Listings w/ Price Drops
23.7%
Building Permits (2024)
147
Single-Family Permits
138

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
11.4
per 100K · nat avg 6.3
Firearm Fatalities
20.6
per 100K · nat avg 14.8
Injury Deaths
123.5
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
47.3
Good
Good Air Days
56%
606 of 1,079 days
Unhealthy+ Days (3yr)
10
Includes 1 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
47
2022
46
2023
49
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$4,280M
TOTAL
PROJECT AMOUNT STATUS
Lordstown Data Center Campus (Stargate Project)
Bristolville 25 Developer LLC (in collaboration with OpenAI, Oracle, and SoftBank Group Corp.)
$3,600M Proposed
Former US Steel McDonald Work Site Data Center
Allied Partners Inc.
$500M Proposed
Western Reserve Road Widening Project
Mahoning County
$50M Planned
Bridge Rehabilitation/Painting Project (Multiple Bridges)
Mahoning County
$50M Planned
Mahoning County Land Bank New Home Construction Portfolio
Mahoning County Land Bank and YNDC
$50M Completed/Under Construction
Amazon Distribution Center (Bazetta Township)
Amazon
$30M Under Construction

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

[08] Score Breakdown

GDP Growth +1.9% 32 percentile
Population Growth -0.5% 12 percentile
Income Growth +7.0% 17 percentile
Vacancy Rate 1.2% 42 percentile
Home Price Change +6.7% 96 percentile
Rent Growth +7.9% 94 percentile
Price/Rent 10x 87 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Mahoning County ranks #20 out of 996 U.S. counties on the Boom Town Index with a score of 98/100, placing it in the top tier nationally. Median household income is $54,279 and the underlying growth metrics (housing, migration, income) hold up against peer counties.

Is Mahoning County affordable?

By national standards, Mahoning County is quite affordable. Homes here have a median value of $132,000, and the income-to-home-value ratio of 0.41 is well above the U.S. average — especially with median rent at just $753/month. Residents can generally buy a home without being cost-burdened.

Is Mahoning County growing or shrinking?

Population and employment in Mahoning County are both close to flat — population -0.5% YoY and jobs +0.2%. Home values shifted +6.7% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Mahoning County?

There's a moderate stream of newcomers. About 2.51% of residents moved from another state, which is above average and suggests Mahoning County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

How is the housing market in Mahoning County?

Home values climbed +6.7% year-over-year, which is a solid pace of appreciation. The median home in Mahoning County is now valued at $132,000. That kind of growth typically reflects sustained demand rather than speculative frenzy.

[10] Similar Counties by Size & Score

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