c.1920 Three Bedroom Ohio Colonial Revival $182K

404 W 5th St, Delphos, OH 45833   $182,000

• Contact Realtor: Riley Culver
• Google Map
• Niche

Pros of Living in Delphos, OH

1. Lower Cost of Living

   • Delphos has a cost‑of‑living index below the U.S. average. For example, the overall index is ~87 (with 100 being the U.S. average), meaning it’s ~13% cheaper overall.

   • Housing is especially affordable: median home value around $95,600 in some data; rent is lower than U.S. average.

   • Other expenses like utilities, groceries etc. tend to be near or slightly below average, though transportation may run a bit higher in some metrics.

2. High Homeownership

   • A relatively large share of residents own their homes. For example, ~70.6% homeownership in recent data.

   • Owning rather than renting tends to offer more stability, especially for families.

3. Relatively Low Crime Rates

   • Violent crime and property crime are below national averages in many categories. For example, in 2023 the violent crime rate per 100,000 was ~171 in Delphos, which is lower than many U.S cities.

   • Total crime rate per capita is significantly lower (or “-65%” compared to U.S average in one data set) in many reports.

4. Reasonable Commutes

   • Average commute time is relatively modest (about 22‑25 minutes in recent data).

   • Many people drive alone; given the small size of the town and relative proximity to local services, this tends to be manageable.

5. Small‑town Feel / Community

   • Delphos offers more of a smaller town / lower population density lifestyle compared to big metros, which can mean less traffic, more familiarity among people, quieter neighborhoods.

   • Some locals report a friendly, close‑knit environment. (Though direct qualitative sources are fewer in the data I reviewed.)

6. Appreciation & Decent Growth in Home Values

   • Recent years show that property values have been increasing. For example, median property value rose from ~$112,100 to ~$125,400 in one reported year.

Cons of Living in Delphos, OH

1. Limited Employment Opportunities / Local Economy Constraints

   • Smaller towns often have fewer large employers, less industry variety. If you require specialized jobs or big corporate roles, you may need to travel or commute.

   • Income levels are modest; median incomes are lower than many U.S averages. For example, some data show ~$54,400 in median income, which is decent but lower than many places with high cost of living.

2. Healthcare Costs (Relative to Other Local Costs)

   • Some metrics indicate the cost of healthcare is higher than average in Delphos. So even though many costs are low (housing etc.), medical or specialist care may cost more or require longer travel.

3. Transportation Costs & Dependence on Personal Vehicles

   • Transportation (fuel, car maintenance, etc.) metrics are somewhat higher in some cost analyses. If you don’t want to drive regularly, this could be a downside.

   • Public transit seems limited or non‑existent, meaning more reliance on a personal vehicle for errands, work, etc.

4. Fewer Amenities / Limited Variety

   • As a smaller city/town, Delphos naturally offers fewer high‑end or specialized amenities: fewer big shopping centers, fewer entertainment venues (concerts, theaters), less nightlife.

   • For certain specialized services (healthcare, legal, educational, etc.), one might need to travel to larger nearby cities.

5. Crime is Not Zero—Neighborhood Variation Matters

   • While overall crime is lower than many places, there are property crimes (thefts, larcenies etc.) and aggravated assaults. Some parts of town may have higher crime than others.

   • Crime statistics seem to be rising in some years or moderate fluctuations. It’s not being stagnant or continually improving in all categories.

6. Lower Diversity / Educational Attainment (Possible Limitation)

   • Some data from Niche etc. show that fewer residents have higher educational degrees (bachelors or above) compared to more urban/suburban areas. That can limit access to some kinds of jobs.

   • Also, cultural or demographic diversity may be lower; those who value a lot of diversity may find it lacking.