Versailles, OH
Population 2,934 · Ohio
About Versailles, OH
Versailles is a small town located in Ohio with a population of 2,934 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,103 per year, which is 8% below the national median of $75,149. The median age of 43.1 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 Versailles features a median home value of $193,200, which is 21% below the national median of $244,900. This positions Versailles in a moderately priced market relative to the rest of the country. Median monthly rent is $762, 34% below the national average of $1,163/month. Of the 1,289 total housing units, 74% are owner-occupied (925 units) and 26% are renter-occupied (327 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Versailles shows an unemployment rate of 0.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Versailles have an average one-way commute time of 21.9 minutes.
Education & Demographics
28.1% of Versailles residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.2% of the population being foreign-born.
How Versailles Ranks in Ohio
Cost of Living in Versailles, OH
Compared to national averages, Versailles has a median household income of $69,103 (8% below the national median of $75,149). Home values average $193,200, which is 21% below the national median. Monthly rent at $762 is 34% below the US average of $1,163. Within Ohio, Versailles's income is 4% below the state average of $71,814, and home values are 11% above the state median of $174,449.
Why Live in Versailles, OH?
Versailles offers affordable housing with a median home value of $193,200, below the US average of $244,900, and rent that’s lower than the national average at $762/month, and a strong job market with an unemployment rate of just 0.7%. Additionally, the city features a low poverty rate of 6.7%, better than the national average, and short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($69,103) that falls below the national average. However, Versailles’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Versailles has a population of 2,934 with a median age of 43.1 years. Compare Versailles with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Versailles
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lakemore | 2,917 | $54,836 | $143,700 | Compare |
| Mount Gilead | 2,909 | $49,536 | $156,200 | Compare |
| Baltimore | 2,970 | $58,322 | $198,500 | Compare |
| Richville | 2,971 | $70,274 | $166,700 | Compare |
| Dry Ridge | 3,008 | $92,443 | $271,500 | Compare |
| Cadiz | 3,015 | $38,417 | $115,200 | Compare |
| Arcanum | 2,850 | $52,380 | $147,300 | Compare |
| Sabina | 2,842 | $45,957 | $92,600 | 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 Versailles With Other Cities
Frequently Asked Questions about Versailles
What is the population of Versailles, OH?
The population of Versailles, OH is 2,934 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 Versailles?
The median household income in Versailles, OH is $69,103 per year, which is 8% below the national median of $75,149.
What is the median home value in Versailles?
The median home value in Versailles, OH is $193,200, which is 21% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Versailles?
The median monthly rent in Versailles, OH is $762, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Versailles?
The unemployment rate in Versailles, OH is 0.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Versailles, OH a good place to live?
Versailles offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,934 and a median age of 43.1, the city appeals to a broad range of residents.
How educated is Versailles, OH?
28.1% of residents in Versailles 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 Versailles?
Key cost-of-living indicators for Versailles, OH: median home value is $193,200 (21% below national), median rent is $762/month, and median household income is $69,103. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Versailles?
The poverty rate in Versailles, OH is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Versailles, OH?
Versailles's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 0.2% two or more races. 0.2% of residents are foreign-born.