Waite Hill, OH Profile: Facts & Data

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Waite Hill, Ohio - Basic Facts

The Village of Waite Hill had a population of 536 as of July 1, 2023. Waite Hill ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Waite Hill is located at latitude 41.6187 and longitude -81.384 in Lake County. The formal boundaries for the Village of Waite Hill encompass a land area of 4.18 sq. miles and a water area of 0.07 sq. miles. Lake County is in the Eastern time zone (GMT -5).

The Village of Waite Hill has a C2 Census Class Code which indicates an active incorporated place legally coextensive with a county subdivision but treated as independent of any county subdivision. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Waite Hill 2023 Demographic Data
  2. Growth Rates for Waite Hill (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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Waite Hill, OH Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 536 (100%)
Population in Households 536 (100.0%)
Population in Families 437 (81.5%)
Population in Group Quarters1 0
Population Density 128
Diversity Index2 14
 
 

INCOME

Median Household Income $126,994
Average Household Income $153,446
% of Income for Mortgage4 18%
Per Capita Income $61,264
Wealth Index5 219
Socioeconomic Status Index6 High (71.0)
 

HOUSING

Total HU (Housing Units) 234 (100%)
Owner Occupied HU 190 (81.2%)
Renter Occupied HU 24 (10.3%)
Vacant Housing Units 20 ( 8.5%)
Median Home Value $387,500
Average Home Value $476,053
Housing Affordability Index3 119
 

HOUSEHOLDS

Total Households 214
Average Household Size 2.50
Family Households 143
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 -0.40% -0.60%
Households 0.44% -0.28%
Families   -0.57%
Median Household Income   0.46%
Per Capita Income   2.69%
Owner Occupied HU   -0.75%

Waite Hill, OH - Peer Comparisons by Rank and Percentile

The table below compares Waite Hill 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 # 848 33rd
Population Density # 1251 1st
Median Household Income # 45 97th
Housing Affordability Index # 430 34th
Per Capita Income # 72 94th
Diversity Index # 932 26th

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

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