Once seen as a cold, dreary midwestern state, Ohio has recently become a thriving center for gentrification and growth. Affordable real estate prices in Cleveland, Cincinnati, and Columbus have brought real estate investors in droves. The recent commodity boom has also served to prop up Ohio’s already strong Construction industry.
Ohioans are known for their state pride and undying devotion for their sports teams. Ohio State Football, the Cleveland Browns, Cincinnati Bengals, and Cleveland Cavaliers all have extremely proud fan bases. The state’s main attractions include The Rock & Roll Hall of Fame in Cleveland and The National Museum of the United States Air Force in Dayton. If you're reading this list at lamenting that you can't afford to live in these places, maybe it might be time to head up country and see if you can't get into one of the 15 best business schools in Wisconsin.
While Ohio’s winter months can be brutally cold, May through October is very pleasant months with September and October being the prime time to visit.
[ninja_tables id=”7923″]Richest County in Ohio
The richest county in Ohio is Delaware County with a median household income of $106,908. This suburb of Columbus, OH is often listed as one of the wealthiest counties in the United States. Delaware County’s population of over 200,000 brings its median household income average lower than some of the smaller cities on this list which may have a lower income inequality.
Richest Zip Code in Ohio
The richest zip code in Ohio is 44040, located within Cuyahoga County, OH. The zip code is considered a part of the city of Gates Mills, OH and has an average household income (different from median household income) of $379,000.
15 Richest Cities in Ohio
15. Avon, Ohio
Located about 20 miles west of Cleveland, Avon is a small suburb of about 25,000 people. Avon has a vibrant restaurant scene and is home to several wineries. This is clearly a proud community with hard working citizens. The median home value in Avon is $294,000 and the town claims 315 acres of city parks.
Avon is home to an independent semi-pro baseball team, The Lake Erie Crushers.
Median Household Income: $134,837
14. Wyoming, Ohio
Wyoming, Ohio is a small town of about 8,000 people known for its excellent school systems. The suburb is located about 10 miles north of Cincinnati. Citizens of Ohio are attracted to Wyoming because of the community feel and strong school pride.
Median Household Income: $139,583
13. Solon, Ohio
Solon has a strong reputation as one of the best cities in Ohio for raising a family. The low crime rates, distinguished public schools, and strong economy make this a desirable community and one of the wealthiest towns in Ohio. Solon has thrice been named to Money's “Best Places to Live” list (2009, 2011, and 2015).
Solon has also been named to “Safest Cities in Ohio” and “Best Places to Raise Kids” lists (Bloomberg Business). Solon's strong economy is led by Nestle foods headquarters.
Solon's proximity to the South Chagrin Reservation makes it a desirable location for anyone seeking time with nature. The Sulphur Springs Creek runs through the reserve and has numerous picturesque waterfalls.
Median Household Income: $143,177
12. Bexley, Ohio
Bexley is a suburb of the State capital of Columbus and is home to about 13,000 people. Bexley is actually home to the Ohio Governor's Mansion though it is technically a suburb of the state capital. Like most of the wealthiest cities in Ohio, Bexley boasts strong public schools, making it a popular destination for families.
Bexley's most notable attraction is the famous Drexel Theater (pictured above).
Median Household Income: $146,935
11. Oakwood, Ohio
Oakwood, a suburb of less than 10,000 people is located just outside Dayton, Ohio. Oakwood's claim to fame is that it was once home to Orville Wright. In fact, the National Museum of the United States Air Force is located in nearby Dayton who also proudly calls itself home to the Wright Brothers.
Oakwood is a beautiful town littered with tree lined streets and pre-WWII style homes.
Median Household Income: $147,879
10. Hudson, Ohio
Hudson is a suburban community of about 20,000 people, located just outside Akron. Hudson was once a key part of the “Underground Railroad”. The town's founder, David Hudson, was anti-slavery and was happy to assist slaves seeking asylum on their journey to Canada. Famous abolitionist John Brown also grew up in Hudson. His family home has a historical marker outside of it.
Downtown Hudson is lined with cute shops and is a popular destination for weekend shoppers.
Median Household Income: $148,789
9. Montgomery, Ohio
This Cincinnati suburb is one of the 10 richest towns in Ohio with a median household income of over $150,000. It has long been a favorite for Cincinnati residents seeking a quiet, affluent lifestyle. The city was named after Revolutionary War General Robert Montgomery who was killed in battle.
Montgomery is the hometown of long-time Major League Baseball star Paul O'Neill.
Median Household Income: $151,429
8. Grandview Heights, Ohio
Grandview Heights became one of the first suburbs of Columbus when it was settled in the late 1800's. For a town of just 8,000 people, Grandview Heights has plenty to offer its residents. Its close proximity to Ohio State University makes it a popular place for former graduates to settle down.
Median Household Income: $152,193
7. Upper Arlington, Ohio
This suburb just northwest of Columbus has a population of 33,000. Upper Arlington has a long list of famous former residents but it is most proud of Jack Nicklaus, arguably the greatest golfer to ever live. Nicklaus grew up playing golf at nearby Scioto Country Club (located along the Scioto River).
The city has a park named after the 18 time major champion.
Median Household Income: $154,326
6. Madeira, Ohio
Madeira is suburb of 8,000 people located about 12 miles outside of the fast growing city of Cincinnati. The median income in this quiet town is $155,625. Madeira residents are proud of their well manicured, tree lined town and friendly atmosphere. The small city has a median home price of $300,000 and a thriving local economy.
Median Household Income: $155,625
5. Dublin
Like many of the wealthiest communities in Ohio, Dublin is located in Franklin County, outside of Columbus. Dublin is by far one of the most desirable areas in Ohio.
Dublin is one of the largest cities on the list with nearly 50,000 residents. The city is most famous for Muirfield Village Golf Club, a private golf course designed by Jack Nicklaus. Muirfield Village is often considered one of America's finest golf courses and hosts the Memorial Tournament on the PGA Tour. Dublin also has a long list of famous former residents including: Jack Nicklaus, Urban Meyer, and Brady Quinn.
Median Household Income: $159,495
4. Powell, Ohio
Powell calls itself the ideal suburb. In fact, Business Insider voted it the ninth best suburb in the U.S. Powell, Ohio was also voted the fifth safest place in Ohio.
Another Columbus suburb, Powell is home to over 13,000 people and its cost of living ranks one of the highest in Ohio (Median Home Value of $372,000). Powell residents have been celebrating the annual “Powell Festival” for over 25 years.
Powell is also home to the famous Columbus Zoo, one of Ohio's most popular attractions.
Median Household Income: $165,489
3. Pepper Pike, Ohio
Pepper pike may not be THE richest city in Ohio, but it definitely has the coolest name. Pepper Pike is a favorite escape for Cleveland residents, located just 6 miles on the east side of the Forest City.
Pepper Pike is one of the smallest cities on this list with only 6,000 residents. Pepper Pike has more of a rural feel because of its spread out layout. This quiet residential community in east Cleveland is a great place for Ohio residents to own some land and live the small town life.
Pepper Pike's own Orange High School marching band was proud to march in the Chicago Thanksgiving Parade in 2019.
Median Household Income: $200,699
2. Indian Hill, Ohio
The Village of Indian Hill, as it is called, is a small village of 5,000 people. The tiny community has been named to the “Best Places to Raise a Family” list by Robb Report.
Indian Hill was established as a farm community in the early 1900's and has maintained that feel today. In fact, 100 percent of Indian Hill is zoned for residential homes or farming only. Commercial Zoning is prohibited. helping residents maintain a quiet lifestyle.
Indian HIll's most famous resident is American Astronaut, Neil Armstrong. The first man to walk on the moon.
Median Household Income: $204,417
1. New Albany, Ohio
This brings us to the richest city in Ohio. New Albany, Ohio is a suburb about 15 miles outside of Columbus. New Albany has all the markings of an affluent community. The city is proud of its performing arts centers and programs and even hosts a large equestrian event.
New Albany is clean, safe, and proud that some of the wealthiest people in Ohio aim to live there.
