Mount Sterling, OH Profile: Facts & Data

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Mount Sterling, Ohio - Basic Facts

The Village of Mount Sterling had a population of 1,928 as of July 1, 2020.

The primary coordinate point for Mount Sterling is located at latitude 39.7195 and longitude -83.2652 in Madison County. The formal boundaries for the Village of Mount Sterling encompass a land area of 1.68 sq. miles and a water area of 0 sq. miles. Madison County is in the Eastern time zone (GMT -5). The elevation is 902 feet.

The Village of Mount Sterling (GNIS ID: 2399417) 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 Mount Sterling is located within Township of Pleasant, a minor civil division (MCD) of Madison County.

Alternate Unofficial Names for Mount Sterling: Coaldale, Mount Starling, Mount Stirling.

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Mount Sterling, OH Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 1,928 (100%)
Population in Households 1,920 (99.6%)
Population in Families 1,465 (76.0%)
Population in Group Quarters1 8 ( 0.4%)
Population Density 1,147
Diversity Index2 11
 
 

INCOME

Median Household Income $38,910
Average Household Income $51,661
% of Income for Mortgage4 12%
Per Capita Income $21,524
Wealth Index5 40
 

HOUSING

Total HU (Housing Units) 914 (100%)
Owner Occupied HU 474 (51.9%)
Renter Occupied HU 328 (35.9%)
Vacant Housing Units 112 (12.3%)
Median Home Value $115,333
Average Home Value $148,093
Housing Affordability Index3 195
 

HOUSEHOLDS

Total Households 802
Average Household Size 2.39
Family Households 490
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 0.75% 0.75%
Households 0.79% 0.69%
Families 0.68% 0.53%
Median Household Income   1.8%
Per Capita Income   1.82%
Owner Occupied HU   1.4%

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Mount Sterling, OH - Peer Comparisons by Rank and Percentile

The table below compares Mount Sterling 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 # 490 60th
Population Density # 651 47th
Median Household Income # 1092 10th
Housing Affordability Index # 324 27th
Per Capita Income # 1064 13th
Diversity Index # 682 44th

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

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