Bascom, OH
Population 267 · Ohio
About Bascom, OH
Bascom is a small community located in Ohio with a population of 267 residents according to the latest US Census Bureau American Community Survey data. The median household income is $86,563 per year, which is 15% above the national median of $75,149. The median age of 32.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Bascom features a median home value of $141,700, which is 42% below the national median of $244,900. This makes Bascom one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 115 total housing units, 62% are owner-occupied (54 units) and 38% are renter-occupied (33 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Bascom shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bascom have an average one-way commute time of 14.9 minutes, one of the shorter commutes in the region.
Education & Demographics
23.5% of Bascom residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 29.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bascom, OH
Compared to national averages, Bascom has a median household income of $86,563 (15% above the national median of $75,149). Home values average $141,700, which is 42% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Ohio, Bascom's income is 21% above the state average of $71,814, and home values are 19% below the state median of $174,449.
Why Live in Bascom, OH?
Bascom offers a strong local economy with a median household income of $86,563, well above the national average, and affordable housing with a median home value of $141,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 3.7%, better than the national average, and short commute times averaging just 14.9 minutes.
Bascom has a population of 267 with a median age of 32.9 years. Compare Bascom with other cities to see how it stacks up, or explore all cities in Ohio.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bascom
What is the population of Bascom, OH?
The population of Bascom, OH is 267 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Bascom?
The median household income in Bascom, OH is $86,563 per year, which is 15% above the national median of $75,149.
What is the median home value in Bascom?
The median home value in Bascom, OH is $141,700, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bascom?
The median monthly rent in Bascom, OH is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bascom?
The unemployment rate in Bascom, OH is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bascom, OH a good place to live?
Bascom offers above-average incomes, affordable housing, and a strong job market. With a population of 267 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Bascom, OH?
23.5% of residents in Bascom aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bascom?
Key cost-of-living indicators for Bascom, OH: median home value is $141,700 (42% below national), median rent is $0/month, and median household income is $86,563. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bascom?
The poverty rate in Bascom, OH is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bascom, OH?
Bascom's population is 29.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.