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Buckeye Lake, OH Profile: Facts & Data

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Buckeye Lake, Ohio - Basic Facts

The Village of Buckeye Lake had a population of 2,898 as of July 1, 2020.

The primary coordinate point for Buckeye Lake is located at latitude 39.9337 and longitude -82.4724 in Licking County. The formal boundaries for the Village of Buckeye Lake encompass a land area of 1.97 sq. miles and a water area of 0.02 sq. miles. Licking County is in the Eastern time zone (GMT -5). The elevation is 899 feet.

The Village of Buckeye Lake (GNIS ID: 2397482) 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 Buckeye Lake is located within Township of Union, a minor civil division (MCD) of Licking County.


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Buckeye Lake, OH Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 2,898 (100%)
Population in Households 2,898 (100.0%)
Population in Families 2,091 (72.2%)
Population in Group Quarters1 0
Population Density 1,468
Diversity Index2 13
 
 

INCOME

Median Household Income $43,671
Average Household Income $72,361
% of Income for Mortgage4 13%
Per Capita Income $31,491
Wealth Index5 64
 

HOUSING

Total HU (Housing Units) 1,582 (100%)
Owner Occupied HU 766 (48.4%)
Renter Occupied HU 494 (31.2%)
Vacant Housing Units 322 (20.4%)
Median Home Value $134,954
Average Home Value $180,686
Housing Affordability Index3 185
 

HOUSEHOLDS

Total Households 1,260
Average Household Size 2.3
Family Households 715
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 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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population 0.53% 0.59%
Households 0.57% 0.61%
Families 0.26% 0.42%
Median Household Income   0.98%
Per Capita Income   0.62%
Owner Occupied HU   0.67%

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Buckeye Lake, OH - Peer Comparisons by Rank and Percentile

The table below compares Buckeye Lake to the other 1,215 incorporated cities, towns and CDPs in Ohio by rank and percentile using July 1, 2020 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 # 405 67th
Population Density # 469 61st
Median Household Income # 996 18th
Housing Affordability Index # 254 21st
Per Capita Income # 371 70th
Diversity Index # 585 52nd

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

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