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Commercial Point, OH Profile: Facts & Data

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Commercial Point, Ohio - Basic Facts

The Village of Commercial Point had a population of 3,180 as of July 1, 2023.

The primary coordinate point for Commercial Point is located at latitude 39.7684 and longitude -83.0571 in Pickaway County. The formal boundaries for the Village of Commercial Point encompass a land area of 1.13 sq. miles and a water area of 0 sq. miles. Pickaway County is in the Eastern time zone (GMT -5).

The Village of Commercial Point 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 Commercial Point is located within Township of Scioto, a minor civil division (MCD) of Pickaway County.


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

POPULATION

Total Population 3,180 (100%)
Population in Households 3,180 (100.0%)
Population in Families 2,782 (87.5%)
Population in Group Quarters1 0
Population Density 850
Diversity Index2 28
 
 

INCOME

Median Household Income $102,647
Average Household Income $120,575
% of Income for Mortgage4 16%
Per Capita Income $36,135
Wealth Index5 110
Socioeconomic Status Index6 Moderate (59.5)
 

HOUSING

Total HU (Housing Units) 990 (100%)
Owner Occupied HU 848 (85.7%)
Renter Occupied HU 105 (10.6%)
Vacant Housing Units 37 ( 3.7%)
Median Home Value $272,642
Average Home Value $294,192
Housing Affordability Index3 148
 

HOUSEHOLDS

Total Households 953
Average Household Size 3.34
Family Households 756
Average Family Size 4.00
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 0.80% 0.31%
Households 0.62% 0.33%
Families   0.24%
Median Household Income   1.21%
Per Capita Income   2.54%
Owner Occupied HU   0.19%

Commercial Point, OH - Peer Comparisons by Rank and Percentile

The table below compares Commercial Point 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 # 391 69th
Population Density # 814 36th
Median Household Income # 106 92nd
Housing Affordability Index # 833 66th
Per Capita Income # 534 58th
Diversity Index # 329 74th

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

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