Mineral Ridge, OH Profile: Facts & Data

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Mineral Ridge, Ohio - Basic Facts

The Mineral Ridge CDP(1) had a population of 3,860 as of July 1, 2023.

The primary coordinate point for Mineral Ridge is located at latitude 41.1401 and longitude -80.769 in Trumbull County. The formal boundaries for the Mineral Ridge Census Designated Place encompass a land area of 3.27 sq. miles and a water area of 0.02 sq. miles. Trumbull County is in the Eastern time zone (GMT -5).

While the primary coordinates for Mineral Ridge Census Designated Place are located in Trumbull County, it should be noted that the formal boundaries for this community also extend into and Mahoning County.

The Mineral Ridge Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Mineral Ridge Census Designated Place is located within Township of Weathersfield, a minor civil division (MCD) of Trumbull County.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Mineral Ridge 2023 Demographic Data
  2. Growth Rates for Mineral Ridge (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Ohio Research Tools (Easy Tools & Current Data)
  3. Ohio Data Comparison Tool - 2023 Demographics
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Mineral Ridge, OH Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 3,860 (100%)
Population in Households 3,669 (95.1%)
Population in Families 3,119 (80.8%)
Population in Group Quarters1 191 ( 4.9%)
Population Density 1,083
Diversity Index2 21
 
 

INCOME

Median Household Income $60,804
Average Household Income $74,007
% of Income for Mortgage4 15%
Per Capita Income $29,450
Wealth Index5 56
Socioeconomic Status Index6 Moderate (50.5)
 

HOUSING

Total HU (Housing Units) 1,656 (100%)
Owner Occupied HU 1,262 (76.2%)
Renter Occupied HU 270 (16.3%)
Vacant Housing Units 124 ( 7.5%)
Median Home Value $147,036
Average Home Value $168,819
Housing Affordability Index3 159
 

HOUSEHOLDS

Total Households 1,532
Average Household Size 2.39
Family Households 1,087
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.71% -0.53%
Households -0.59% -0.21%
Families   -0.54%
Median Household Income   2.32%
Per Capita Income   2.92%
Owner Occupied HU   -0.08%

Mineral Ridge, OH - Peer Comparisons by Rank and Percentile

The table below compares Mineral Ridge to the other 1,265 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 337 73rd
Population Density # 676 47th
Median Household Income # 701 45th
Housing Affordability Index # 959 76th
Per Capita Income # 886 30th
Diversity Index # 568 55th

Additional comparisons and rankings can be made with a VERY EASY TO USE Ohio Census Data Comparison Tool.

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