Hanging Rock, OH Profile: Facts & Data

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Hanging Rock, Ohio - Basic Facts

The Village of Hanging Rock had a population of 194 as of July 1, 2019. Hanging Rock 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 Hanging Rock is located at latitude 38.5601 and longitude -82.721 in Lawrence County. The formal boundaries for the Village of Hanging Rock encompass a land area of 0.56 sq. miles and a water area of 0.09 sq. miles. Lawrence County is in the Eastern time zone (GMT -5). The elevation is 538 feet.

The Village of Hanging Rock (GNIS ID: 2398238) 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 Hanging Rock is located within Township of Hamilton, a minor civil division (MCD) of Lawrence County.


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  1. Hanging Rock 2019 Demographic Data
  2. Growth Rates for Hanging Rock (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 - 2019 Demographics

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Hanging Rock, OH Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hanging Rock, OH Housing Affordability Index is 237
State of Ohio Housing Affordability Index is 156
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.

WEALTH INDEX

Hanging Rock, OH Wealth Index is 57
State of Ohio Wealth Index is 84
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.

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  5. See the Ohio COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 194 (100%)
Population in Households 194 (100.0%)
Population in Families 159 (82.0%)
Population in Group Quarters1 0
Population Density 349
Diversity Index2 4
 

INCOME

Median Household Income $63,684
Average Household Income $69,568
Per Capita Income $27,578
Wealth Index4 57

HOUSING

Total Housing Units 92 (100%)
Owner Occupied HU 57 (62.0%)
Renter Occupied HU 27 (29.3%)
Vacant Housing Units 8 ( 8.7%)
Median Home Value $146,429
Housing Affordability Index3 237
 

HOUSEHOLDS

Total Households 84
Average Household Size 2.31
Family Households 60
Average Family Size 3
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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -1.4% -0.95%
Households -1.32% -0.97%
Families -1.34% -1.02%
Median Household Income   3.05%
Per Capita Income   2.75%

Hanging Rock, OH - Peer Comparisons by Rank and Percentile

The table below compares Hanging Rock to the other 1,215 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2019 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 # 1093 10th
Population Density # 1094 10th
Diversity Index # 1168 4th
Median Household Income # 343 72nd
Per Capita Income # 553 55th

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

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