Park Layne, OH
Population 4,193 · Ohio
About Park Layne, OH
Park Layne is a small town located in Ohio with a population of 4,193 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,450 per year, which is 16% below the national median of $75,149. The median age of 39.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Park Layne features a median home value of $116,600, which is 52% below the national median of $244,900. This makes Park Layne one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $849, 27% below the national average of $1,163/month. Of the 1,713 total housing units, 79% are owner-occupied (1,281 units) and 21% are renter-occupied (343 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Park Layne shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.5%, above the national average of 12.4%. Workers in Park Layne have an average one-way commute time of 22.4 minutes.
Education & Demographics
6.8% of Park Layne 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 2.4% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Park Layne, OH
Compared to national averages, Park Layne has a median household income of $63,450 (16% below the national median of $75,149). Home values average $116,600, which is 52% below the national median. Monthly rent at $849 is 27% below the US average of $1,163. Within Ohio, Park Layne's income is 12% below the state average of $71,814, and home values are 33% below the state median of $174,449.
Why Live in Park Layne, OH?
Park Layne offers affordable housing with a median home value of $116,600, below the US average of $244,900, and rent that’s lower than the national average at $849/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($63,450) that falls below the national average. However, Park Layne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Park Layne has a population of 4,193 with a median age of 39.8 years. Compare Park Layne with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Park Layne
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chagrin Falls | 4,209 | $96,914 | $414,500 | Compare |
| Swanton | 4,171 | $69,985 | $162,600 | Compare |
| Sebring | 4,160 | $48,887 | $95,600 | Compare |
| Waverly | 4,153 | $49,519 | $149,400 | Compare |
| Georgetown | 4,147 | $40,283 | $108,900 | Compare |
| West Jefferson | 4,250 | $64,321 | $180,000 | Compare |
| Edgewood | 4,265 | $57,614 | $105,200 | Compare |
| Hunter | 4,108 | $121,438 | $240,000 | 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 Park Layne With Other Cities
Frequently Asked Questions about Park Layne
What is the population of Park Layne, OH?
The population of Park Layne, OH is 4,193 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Park Layne?
The median household income in Park Layne, OH is $63,450 per year, which is 16% below the national median of $75,149.
What is the median home value in Park Layne?
The median home value in Park Layne, OH is $116,600, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Park Layne?
The median monthly rent in Park Layne, OH is $849, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Park Layne?
The unemployment rate in Park Layne, OH is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Park Layne, OH a good place to live?
Park Layne offers a moderate cost of living, affordable housing, and a strong job market. With a population of 4,193 and a median age of 39.8, the city appeals to a broad range of residents.
How educated is Park Layne, OH?
6.8% of residents in Park Layne 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 Park Layne?
Key cost-of-living indicators for Park Layne, OH: median home value is $116,600 (52% below national), median rent is $849/month, and median household income is $63,450. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Park Layne?
The poverty rate in Park Layne, OH is 15.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Park Layne, OH?
Park Layne's population is 2.4% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.5% of residents are foreign-born.