Counties / Ohio / Wood County

Wood County, OH

FIPS 39173 · population 132,064 · part of Toledo, OH

$246k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$246k
▲ 1.8% year over year
Zillow ZHVI · direct
Median asking rent
$1,642
▲ 5.1% year over year
Zillow ZORI · direct
Gross yield
8.0%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,076
market rent is 1.53x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+46.3%not annualized · through 2025
0%ZILLOW ZHVI2026-06+1.8%FHFA HPI2025+3.8%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$228k
Surveyed gross rent$972
Rent burden 30%+43.7%
Median year built1978
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
5.9%vacant
57,649estimated housing units
Occupied tenure35.6% renter
owner 64.4%renter 35.6%
Structure mix68.4% single-family
Single-family 68.4%20+ units 7.3%Mobile home 5.9%Other 18.5%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs74,890▼ 1.4% from the prior annual release
Covered establishments3,508annual average reporting locations
Average weekly wage$1,126▲ 3.5% from the prior annual release
Largest private supersectorTrade, transportation, and utilities32.0% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−1.4%WEEKLY WAGE+3.5%Trade, transportation, and utilities32.0%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Wood County presents an income-versus-resilience tension: published rent and pre-cost yield warrant investigation, but soft workplace employment, slower listing-market turnover and inland-flood exposure require asset-level scrutiny. It fits investigators who can verify leases, tax bills, insurance and neighborhood conditions; buyers relying on county medians or assuming a liquid exit should be cautious.

02Housing economics

Zillow’s 2026-06 county reading put median home value at $246,207, up 1.79%, and median asking rent at $1,642 per month, up 5.08%; the supplied gross yield is 8% before operating costs. HUD’s two-bedroom FMR is a payment standard, not an estimate of asking rent, so it cannot replace the measured market rent in yield work. The 1.34% effective property-tax rate makes parcel-level tax verification important. FHFA’s 2025 repeat-transaction HPI also rose; it corroborates direction, but is not a home value and cannot be averaged with Zillow’s different-vintage, different-method change.

03Demand & competition

Realtor.com’s 2026-06 MLS evidence showed active listings down 6.87%, while median marketing time reached 42 days, up 27.07%. These are visible asking-market supply and marketing-time indicators, not closed-sale prices or independent proof of buyer demand. QCEW annual covered employment at county workplaces fell 1.36%; Trade, transportation, and utilities represented 31.99% of private covered jobs, not the entire economy. Migration was nearly balanced, but inbound moving households reported lower average income than outbound movers. Investor mortgages accounted for 4.73% of purchases, which limits evidence of investor buyer competition.

04Risk & next checks

Modeled annual climate loss is 0.11% of building value and aligns with inland flood; flood zone, insurance availability and deductibles can therefore alter a property’s carrying costs. The model is not a loss forecast for any parcel. Missing lease rolls, vacancy and turnover, operating and insurance expenses, debt terms, and closed-sale comparables prevent an expense-adjusted return, debt-service, and resale-price conclusion. County evidence also cannot establish neighborhood flood exposure, tenant quality, or asset condition.

Cities & communities

Where people live within Wood County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Bowling Green city30KPerrysburg city25.2KFostoria city*12.3KRossford city6.3KNorthwood city5.2KNorth Baltimore village3.6KWalbridge village3KWeston village1.6K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

28 Census places

Population
  1. 01
    Bowling Green cityIncorporated place
    29,983
  2. 02
    Perrysburg cityIncorporated place
    25,181
  3. 03
    Fostoria cityIncorporated place · spans 3 counties
    12,344
  4. 04
    Rossford cityIncorporated place
    6,323
  5. 05
    Northwood cityIncorporated place
    5,193
  6. 06
    North Baltimore villageIncorporated place
    3,584
  7. 07
    Walbridge villageIncorporated place
    3,034
  8. 08
    Weston villageIncorporated place
    1,638
  9. 09
    Pemberville villageIncorporated place
    1,371
  10. 10
    Haskins villageIncorporated place
    1,291
  11. 11
    Millbury villageIncorporated place
    1,259
  12. 12
    Bradner villageIncorporated place
    1,053
Show 16 more places
  1. 13
    Luckey villageIncorporated place
    953
  2. 14
    Wayne villageIncorporated place
    924
  3. 15
    Grand Rapids villageIncorporated place
    802
  4. 16
    Risingsun villageIncorporated place
    737
  5. 17
    Bloomdale villageIncorporated place
    653
  6. 18
    Cygnet villageIncorporated place
    581
  7. 19
    Portage villageIncorporated place
    498
  8. 20
    Stony Ridge CDPCensus-designated place
    497
  9. 21
    Jerry City villageIncorporated place
    465
  10. 22
    Hoytville villageIncorporated place
    381
  11. 23
    Tontogany villageIncorporated place
    343
  12. 24
    Rudolph CDPCensus-designated place
    273
  13. 25
    Custar villageIncorporated place
    232
  14. 26
    West Millgrove villageIncorporated place
    185
  15. 27
    Milton Center villageIncorporated place
    183
  16. 28
    Bairdstown villageIncorporated place
    86

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.110% of building value expected lost per year

Effective property tax1.34%

$3,059 median annual bill

02
DemandIRS SOI household flows
Net migration+29

4,293 in · 4,264 out

Arriving vs leaving income−$4,554

$59,841 arriving · $64,395 leaving

03
CompetitionHMDA financed purchases
Purchases by investors4.7%

61 of 1,290 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings170▼ 6.9% year over year
Median days on market42▲ 27.1% year over year
Listings price-reduced8.6%seller-concession signal
Median listing pricen/a▲ 4.5% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Toledo, OH

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Wood County132,064$246k$1,6428.0%inland flooding
Lucas County428,018$180k$1,1767.8%inland flooding
Fulton County42,240$234kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Flood insurance, taxes, repairs or vacancy could materially reduce the pre-cost yield.
  2. County workplace employment and migration signals may not describe demand in the subject neighborhood.
  3. MLS asking-price measures may diverge from achievable rents and closed-sale exit values.
Underwriting questions

Before pricing a property

Is HUD Fair Market Rent usable as Wood County market rent?

No. The record identifies market rent as median asking rent and HUD FMR as a payment standard.

Is the supplied gross yield a net return?

No. It is annual market rent before operating costs.

Does Realtor.com establish closed-sale pricing for an exit analysis?

No. Its figures are MLS listing-market evidence rather than closed-sale comparables.