93 / 100

Portage County, OH

RANK #73 / 996  ·  POP 161,217  ·  OH

PROJECTED GROWTH: +3.1%

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

[01] Why Portage County?

Portage County, Ohio, is characterized by the presence of Kent, a notable college town that blends academic energy with natural beauty, as the Cuyahoga River runs through its downtown. Located in Northeast Ohio, the county sits approximately 20 miles from Akron and less than 40 miles from Cleveland, offering residents access to larger metropolitan areas. Commuting is supported by major interstates like I-76 and the Ohio Turnpike (I-80), which traverse the county. The community maintains a rural atmosphere with open spaces, uncongested roads, and small towns, alongside significant outdoor recreation opportunities. Three state parks—Wingfoot Lake, West Branch, and Nelson-Kennedy Ledges—provide extensive options for hiking, boating, fishing, and exploring unique geological formations.

Life in Portage County blends country living with suburban conveniences. Many residents own their homes, and public schools are generally above average. The county's economy is diverse, with agriculture remaining a component, alongside manufacturing and distribution. Recent economic developments include investments in the power industry, with a company expanding its manufacturing facility in Streetsboro, creating new jobs. Educational institutions, including Kent State University, Hiram College, and Northeast Ohio Medical University, contribute to the local workforce and serve as significant employers. These institutions also drive ongoing educational and workforce development initiatives.

[02] Market Snapshot

Housing Ratio
4.8x

Above national median (4.7x)

GDP Growth
+1.1%

Well below national median

Home Prices
+3.8%

Outpacing national median

Climate & Terrain
-2.2

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 4.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Portage County U.S. National

The Numbers

DEMOGRAPHICS
Population
161,217
-0.42% YoY
Median Household Income
$69,796
Median Home Value
$197,100
+3.83% 12mo
Median Rent
$990
Average Annual Pay
$57,670
+3.8% YoY
Employment
56,561
0.0% YoY
Income-to-Home-Value
0.3541
More affordable than average
Migration Inflow
5.58%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$294,200
Days on Market
45
Moderate pace
Months of Supply
3.0
Balanced market
Sale-to-List Ratio
97.2%
Negotiation room for buyers
Sold Above List
20.6%
Listings w/ Price Drops
24.6%
Building Permits (2024)
200
Single-Family Permits
181

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

[05] Capital Investment

$109M
TOTAL
PROJECT AMOUNT STATUS
Kent State University Capital Projects
Kent State University
$59M Planned
LayerZero Power Systems Expansion
LayerZero Power Systems, Inc.
$50M Under Construction

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

[06] Score Breakdown

GDP Growth +1.1% 19 percentile
Population Growth -0.4% 12 percentile
Income Growth +8.8% 57 percentile
Vacancy Rate 0.7% 86 percentile
Home Price Change +3.8% 81 percentile
Rent Growth +5.7% 85 percentile
Price/Rent 11x 81 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Portage County has a Boom Town Index score of 93/100, ranking #73 among 996 U.S. counties. With a median household income of $69,796, it's an above-average county on economic indicators.

Is Portage County affordable?

The median home value in Portage County is $197,100 with median rent at $990/month. The income-to-home-value ratio is 0.3541, which is more affordable than the national average.

Is Portage County growing or shrinking?

Population growth: -0.4% year-over-year. Job growth: 0.0%. Home values changed +3.8% in the past 12 months.

Are people moving to Portage County?

Yes — 5.58% of Portage County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Winnebago County, IL 100 Madison County, NY 100 Oswego County, NY 100 Valencia County, NM 100 Taylor County, TX 100 Allen County, OH 100 Newton County, MO 99 Dodge County, WI 99