Medway, OH
Population 709 · Ohio
About Medway, OH
Medway is a small community in Ohio with a population of 709 residents. The median household income is $88,059 per year, which is above the national average. The median age in Medway is 41.8 years.
Housing in Medway has a median home value of $173,600 and median monthly rent of $0. Of the 319 total housing units, the majority are owner-occupied, with 272 owner-occupied and 15 renter-occupied units.
The unemployment rate in Medway is 3.1% and the poverty rate is 11.4%. 14.9% of residents hold a bachelor's degree or higher. The average commute time is 17.9 minutes.
Cost of Living in Medway, OH
Compared to national averages, Medway has a median household income of $88,059 (17% above the national median of $75,149). Home values average $173,600, which is 29% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Ohio, Medway's income is 23% above the state average of $71,814, and home values are 0% below the state median of $174,449.
Why Live in Medway, OH?
Medway offers a strong local economy with a median household income of $88,059, well above the national average, and affordable housing with a median home value of $173,600, 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 3.1%, and a low poverty rate of 11.4%, better than the national average, and short commute times averaging just 17.9 minutes.
Medway has a population of 709 with a median age of 41.8 years. Compare Medway with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Medway
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hamersville | 706 | $64,482 | $165,000 | Compare |
| Russellville | 706 | $63,750 | $109,200 | Compare |
| Malta | 705 | $35,833 | $98,300 | Compare |
| Highland Hills | 704 | $41,382 | $112,500 | Compare |
| Lincoln Heights | 704 | $42,679 | $76,200 | Compare |
| Bentleyville | 715 | $218,750 | $730,900 | Compare |
| South Mount Vernon | 702 | $50,234 | $0 | Compare |
| Christiansburg | 701 | $73,125 | $95,400 | Compare |
Demographics
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Economy & Education
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Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Medway
What is the population of Medway, OH?
The population of Medway, OH is 709 according to the latest Census data.
What is the median household income in Medway?
The median household income in Medway, OH is $88,059 per year.
What is the median home value in Medway?
The median home value in Medway, OH is $173,600.
What is the average rent in Medway?
The median monthly rent in Medway, OH is $0.
What is the unemployment rate in Medway?
The unemployment rate in Medway, OH is 3.1%.