Eldorado, OH
Population 789 · Ohio
About Eldorado, OH
Eldorado is a small community located in Ohio with a population of 789 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,545 per year, which is 3% below the national median of $75,149. The median age of 29.8 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 Eldorado features a median home value of $119,100, which is 51% below the national median of $244,900. This makes Eldorado one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,027, 12% below the national average of $1,163/month. Of the 304 total housing units, 81% are owner-occupied (247 units) and 19% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Eldorado shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Eldorado have an average one-way commute time of 30.5 minutes.
Education & Demographics
20.5% of Eldorado 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 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Eldorado, OH
Compared to national averages, Eldorado has a median household income of $72,545 (3% below the national median of $75,149). Home values average $119,100, which is 51% below the national median. Monthly rent at $1,027 is 12% below the US average of $1,163. Within Ohio, Eldorado's income is 1% above the state average of $71,814, and home values are 32% below the state median of $174,449.
Why Live in Eldorado, OH?
Eldorado offers affordable housing with a median home value of $119,100, below the US average of $244,900, and rent that’s lower than the national average at $1,027/month, and a low poverty rate of 7.0%, better than the national average.
Potential considerations include median household income ($72,545) that falls below the national average. However, Eldorado’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldorado has a population of 789 with a median age of 29.8 years. Compare Eldorado with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Eldorado
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bloomville | 788 | $63,750 | $97,500 | Compare |
| Philo | 788 | $45,833 | $103,500 | Compare |
| Alger | 787 | $36,131 | $73,600 | Compare |
| McClure | 791 | $53,500 | $92,200 | Compare |
| Valleyview | 785 | $59,750 | $152,700 | Compare |
| Hunting Valley | 780 | $203,750 | $1,484,200 | Compare |
| Kinsman Center | 780 | $46,318 | $112,000 | Compare |
| Belle Center | 779 | $75,000 | $123,600 | 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 Eldorado With Other Cities
Frequently Asked Questions about Eldorado
What is the population of Eldorado, OH?
The population of Eldorado, OH is 789 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 Eldorado?
The median household income in Eldorado, OH is $72,545 per year, which is 3% below the national median of $75,149.
What is the median home value in Eldorado?
The median home value in Eldorado, OH is $119,100, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Eldorado?
The median monthly rent in Eldorado, OH is $1,027, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado, OH is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Eldorado, OH a good place to live?
Eldorado offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 789 and a median age of 29.8, the city appeals to young professionals and families.
How educated is Eldorado, OH?
20.5% of residents in Eldorado 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 Eldorado?
Key cost-of-living indicators for Eldorado, OH: median home value is $119,100 (51% below national), median rent is $1,027/month, and median household income is $72,545. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Eldorado?
The poverty rate in Eldorado, OH is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Eldorado, OH?
Eldorado's population is 0.0% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.3% of residents are foreign-born.