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Portage County, OH

Kent

RANK #228 / 996 NAT  ·  #23 / 49 OH  ·  POP 161,217

1YR FORECAST: +2.2%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Portage County at +2.2% over the next year.

[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] Top Employers

  1. 1
    Kent State University Education
    5,000+
  2. 2
    UH Portage Medical Center Healthcare
    250+
  3. 3
    Northeast Ohio Medical University (NEOMED) Education
  4. 4
    Hiram College Education
    100+
  5. 5
    Portage County Government Government
  6. 6
    McMaster-Carr Logistics
  7. 7
    The Davey Tree Expert Co. Other
  8. 8
    East Manufacturing Manufacturing
  9. 9
    Parker Hannifin Manufacturing
  10. 10
    Kent City Schools Education

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

[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
Bachelor's Degree+
31.7%
of residents (national avg: 33%)

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] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.0
per 100K · nat avg 6.3
Firearm Fatalities
10.8
per 100K · nat avg 14.8
Injury Deaths
73.8
per 100K · nat avg 76.3
vs National Average
Well below 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)
41.3
Good
Good Air Days
77%
609 of 786 days
Unhealthy+ Days (3yr)
8
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
40
2022
41
2023
43
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

$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.

[08] 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.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 77/100, Portage County sits in the upper half of all 996 ranked counties. and median household income stands at $69,796 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in OH.

Is Portage County affordable?

By national standards, Portage County is quite affordable. Homes here have a median value of $197,100, and the income-to-home-value ratio of 0.35 is well above the U.S. average — especially with median rent at just $990/month. Residents can generally buy a home without being cost-burdened.

Is Portage County growing or shrinking?

Population and employment in Portage County are both close to flat — population -0.4% YoY and jobs 0.0%. Home values shifted +3.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Portage County?

In significant numbers — 5.58% of Portage County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Erie County, OH 77 Geauga County, OH 78 Jefferson County, OH 76 Miami County, OH 76 Summit County, OH 76 Tuscarawas County, OH 80 Tippecanoe County, IN 77 Randolph County, NC 76