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Octa, OH Profile: Facts & Data

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Octa, Ohio - Basic Facts

The Village of Octa had a population of 62 as of July 1, 2024. Octa ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Octa is located at latitude 39.604 and longitude -83.613 in Fayette County. The formal boundaries for the Village of Octa encompass a land area of 0.28 sq. miles and a water area of 0 sq. miles. Fayette County is in the Eastern time zone (GMT -5).

The Village of Octa has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Octa is located within Township of Jasper, a minor civil division (MCD) of Fayette County.


Jump to... (On This Page!)
  1. Octa 2024 Demographic Data
  2. Growth Rates for Octa (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 - 2024 Demographics
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Octa, OH Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 62 (100%)
Population in Households 62 (100.0%)
Population in Families 54 (87.1%)
Population in Group Quarters1 0
Population Density 214
Diversity Index2 3
 
 

INCOME

Median Household Income $52,691
Average Household Income $89,685
% of Income for Mortgage4 0%
Per Capita Income $34,717
Wealth Index5 85
Socioeconomic Status Index6 Moderate (63.3)
 

HOUSING

Total HU (Housing Units) 27 (100%)
Owner Occupied HU 16 (59.3%)
Renter Occupied HU 8 (29.6%)
Vacant Housing Units 3 (11.1%)
Median Home Value $150,000
Average Home Value $340,625
Housing Affordability Index3 0
 

HOUSEHOLDS

Total Households 24
Average Household Size 2.58
Family Households 17
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

 2020-2024 2024-2029
Population 1.58% -0.32%
Households 1.01% 0.00%
Families   -3.81%
Median Household Income   9.22%
Per Capita Income   3.37%
Owner Occupied HU   2.38%

Octa, OH - Peer Comparisons by Rank and Percentile

The table below compares Octa to the other 1,265 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2024 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 # 1257 1st
Population Density # 1214 4th
Median Household Income # 1024 19th
Housing Affordability Index # 32 3rd
Per Capita Income # 680 46th
Diversity Index # 1262 0th

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

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