Land Market Insights and Pricing in Ohio

Ohio's geography captivates with its glaciated till plains in the northwest and central regions, contrasted by the rugged, forested hills of the unglaciated Allegheny Plateau in the southeast. The state's 312 miles of Lake Erie coastline and the Ohio River along its southern border offer prime waterfront opportunities. Ohio's income tax structure favors middle-income earners, with a low starting rate of 2.75% for incomes above $26,050 and a moderate top rate of 3.50% for incomes over $100,000. However, property taxes are less competitive, with an effective rate of 1.36%, higher than most neighboring states. Ohio ranks 9th nationally in soybean and corn grain production, contributing over $2.5 billion and $2.4 billion to the economy respectively. The state also boasts a significant livestock industry, with 2.7 million hogs and substantial dairy production generating over $1.3 billion from milk alone. Vinton County stands out for ranch seekers, with 70% forested land and a low 3.6% unemployment rate, offering natural beauty and economic stability. For residential properties, Cuyahoga County attracts with median worker earnings of $42,589, exceeding the national average, and access to Lake Erie shoreline and extensive parklands. Ohio's agricultural strength and varied landscape position it for continued economic growth, particularly in regions leveraging natural resources and urban development opportunities.