Shreve, OH Profile: Facts & Data

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Shreve, Ohio - Basic Facts

The Village of Shreve had a population of 1,442 as of July 1, 2020.

The primary coordinate point for Shreve is located at latitude 40.6814 and longitude -82.0218 in Wayne County. The formal boundaries for the Village of Shreve encompass a land area of 0.85 sq. miles and a water area of 0 sq. miles. Wayne County is in the Eastern time zone (GMT -5). The elevation is 896 feet.

The Village of Shreve (GNIS ID: 2399814) 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 Shreve is located within Township of Clinton, a minor civil division (MCD) of Wayne County.


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

POPULATION

Total Population 1,442 (100%)
Population in Households 1,442 (100.0%)
Population in Families 1,169 (81.1%)
Population in Group Quarters1 0
Population Density 1,667
Diversity Index2 8
 
 

INCOME

Median Household Income $55,146
Average Household Income $59,442
% of Income for Mortgage4 8%
Per Capita Income $23,598
Wealth Index5 46
 

HOUSING

Total HU (Housing Units) 688 (100%)
Owner Occupied HU 383 (55.7%)
Renter Occupied HU 200 (29.1%)
Vacant Housing Units 105 (15.3%)
Median Home Value $103,125
Average Home Value $130,548
Housing Affordability Index3 291
 

HOUSEHOLDS

Total Households 583
Average Household Size 2.47
Family Households 389
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 -0.47% -0.29%
Households -0.41% -0.17%
Families -0.44% -0.36%
Median Household Income   1.01%
Per Capita Income   1.92%
Owner Occupied HU   -0.26%

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Shreve, OH - Peer Comparisons by Rank and Percentile

The table below compares Shreve 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 # 571 53rd
Population Density # 381 69th
Median Household Income # 642 47th
Housing Affordability Index # 1011 83rd
Per Capita Income # 925 24th
Diversity Index # 885 27th

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

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