Bay Village, OH
Population 15,992 · Ohio
About Bay Village, OH
Bay Village is a mid-sized city located in Ohio with a population of 15,992 residents according to the latest US Census Bureau American Community Survey data. The median household income is $122,083 per year, which is 62% above the national median of $75,149. The median age of 43.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bay Village features a median home value of $332,500, which is 36% above the national median of $244,900. This positions Bay Village in a moderately priced market relative to the rest of the country. Median monthly rent is $889, 24% below the national average of $1,163/month. Of the 6,311 total housing units, 91% are owner-occupied (5,576 units) and 9% are renter-occupied (528 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bay Village shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Bay Village have an average one-way commute time of 24 minutes.
Education & Demographics
66.4% of Bay Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.5% White, 1.3% Hispanic or Latino, 1.1% Black or African American, and 1.1% Asian residents, with 3.6% of the population being foreign-born.
Cost of Living in Bay Village, OH
Compared to national averages, Bay Village has a median household income of $122,083 (62% above the national median of $75,149). Home values average $332,500, which is 36% above the national median. Monthly rent at $889 is 24% below the US average of $1,163. Within Ohio, Bay Village's income is 70% above the state average of $71,814, and home values are 91% above the state median of $174,449.
Why Live in Bay Village, OH?
Bay Village offers a strong local economy with a median household income of $122,083, well above the national average, and rent that’s lower than the national average at $889/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a well-educated community where 66.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.2%, better than the national average, and short commute times averaging just 24 minutes.
Bay Village has a population of 15,992 with a median age of 43.3 years. Compare Bay Village with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Bay Village
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fremont | 15,851 | $50,974 | $115,400 | Compare |
| Middleburg Heights | 15,817 | $78,324 | $213,100 | Compare |
| Mount Vernon | 16,802 | $54,335 | $161,400 | Compare |
| Defiance | 16,830 | $63,118 | $134,600 | Compare |
| Vandalia | 15,100 | $76,290 | $186,500 | Compare |
| Monroe | 15,024 | $103,638 | $264,000 | Compare |
| Fairview Park | 17,049 | $77,688 | $225,800 | Compare |
| Norwalk | 17,054 | $58,940 | $156,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Bay Village With Other Cities
Frequently Asked Questions about Bay Village
What is the population of Bay Village, OH?
The population of Bay Village, OH is 15,992 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Ohio.
What is the median household income in Bay Village?
The median household income in Bay Village, OH is $122,083 per year, which is 62% above the national median of $75,149.
What is the median home value in Bay Village?
The median home value in Bay Village, OH is $332,500, which is 36% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bay Village?
The median monthly rent in Bay Village, OH is $889, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Bay Village?
The unemployment rate in Bay Village, OH is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bay Village, OH a good place to live?
Bay Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 15,992 and a median age of 43.3, the city appeals to a broad range of residents.
How educated is Bay Village, OH?
66.4% of residents in Bay Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Bay Village?
Key cost-of-living indicators for Bay Village, OH: median home value is $332,500 (36% above national), median rent is $889/month, and median household income is $122,083. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bay Village?
The poverty rate in Bay Village, OH is 4.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Bay Village, OH?
Bay Village's population is 0.5% White, 1.3% Hispanic or Latino, 1.1% Black or African American, 1.1% Asian, and 0.8% two or more races. 3.6% of residents are foreign-born.