Waldo, OH
Population 375 · Ohio
About Waldo, OH
Waldo is a small community located in Ohio with a population of 375 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,083 per year, which is 4% below the national median of $75,149. The median age of 29.1 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 Waldo features a median home value of $149,100, which is 39% below the national median of $244,900. This positions Waldo in a moderately priced market relative to the rest of the country. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 151 total housing units, 57% are owner-occupied (77 units) and 43% are renter-occupied (58 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Waldo shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 0.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waldo have an average one-way commute time of 24.7 minutes.
Education & Demographics
25.0% of Waldo 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, 0.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.1% of the population being foreign-born.
Cost of Living in Waldo, OH
Compared to national averages, Waldo has a median household income of $72,083 (4% below the national median of $75,149). Home values average $149,100, which is 39% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Ohio, Waldo's income is 0% above the state average of $71,814, and home values are 15% below the state median of $174,449.
Why Live in Waldo, OH?
Waldo offers affordable housing with a median home value of $149,100, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a strong job market with an unemployment rate of just 2.2%. Additionally, the city features a low poverty rate of 0.8%, better than the national average, and short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($72,083) that falls below the national average. However, Waldo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waldo has a population of 375 with a median age of 29.1 years. Compare Waldo with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Waldo
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lore City | 375 | $56,875 | $115,000 | Compare |
| Higginsport | 374 | $50,694 | $96,400 | Compare |
| Holloway | 376 | $39,792 | $30,000 | Compare |
| Nashville | 374 | $45,625 | $78,200 | Compare |
| Wharton | 377 | $62,734 | $97,500 | Compare |
| Whites Landing | 377 | $32,241 | $0 | Compare |
| McGuffey | 378 | $49,792 | $59,500 | Compare |
| West Manchester | 378 | $58,889 | $102,200 | 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.
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Frequently Asked Questions about Waldo
What is the population of Waldo, OH?
The population of Waldo, OH is 375 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 Waldo?
The median household income in Waldo, OH is $72,083 per year, which is 4% below the national median of $75,149.
What is the median home value in Waldo?
The median home value in Waldo, OH is $149,100, which is 39% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waldo?
The median monthly rent in Waldo, OH is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Waldo?
The unemployment rate in Waldo, OH is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waldo, OH a good place to live?
Waldo offers a moderate cost of living, affordable housing, and a strong job market. With a population of 375 and a median age of 29.1, the city appeals to young professionals and families.
How educated is Waldo, OH?
25.0% of residents in Waldo 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 Waldo?
Key cost-of-living indicators for Waldo, OH: median home value is $149,100 (39% below national), median rent is $950/month, and median household income is $72,083. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waldo?
The poverty rate in Waldo, OH is 0.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waldo, OH?
Waldo's population is 0.0% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.1% of residents are foreign-born.