Medway, OH 45341 ZIP Code Profile

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Medway, OH
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ZIP Code 45341: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Medway, OH 45341

  • ZIP Code Type: STANDARD
  • County: Clark County
  • Centroid: Latitude 39.88, Longitude -84.027
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 76
  • PO Box Addresses: 88
  • Residential Addresses: 1,640
    • Multi-Family Addresses: 4
    • Single Family Addresses: 1,636

The ZIP Code maps and database are updated 4 times per year.
Database updated: August 1, 2019, Maps updated: August 2, 2019.

Jump to... (On This Page!)
  1. 45341 2019 Demographic Data
  2. Growth Rates for 45341 (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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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Medway, OH 45341 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Medway, OH 45341 Housing Affordability Index is 294
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

Medway, OH 45341 Wealth Index is 62
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.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Ohio address.

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  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 3,867
Population in Households 3,867
Population in Familes 3,059
Population in Group Qrtrs 0
Population Density 429
Diversity Index1 36
 

INCOME

Median Household Income $48,562
Average Household Income $60,465
Per Capita Income $25,362
Wealth Index3 62

HOUSING

Total Housing Units 1,853 (100%)
Owner Occupied HU 1,373 (74.1%)
Renter Occupied HU 249 (13.4%)
Vacant Housing Units 231 (12.5%)
Median Home Value $82,246
Housing Affordability Index2 294
 

HOUSEHOLDS

Total Households 1,622
Average Household Size 2.38
Family Households 1,044
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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 -0.15% -0.3%
Households -0.1% -0.26%
Families -0.35% -0.41%
Median Household Income   1.92%
Per Capita Income   2.82%

Medway, OH 45341 - Peer Comparisons by Rank and Percentile

The table below compares 45341 to the other 1,166 ZIP Codes 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 # 599 49th
Population Density # 456 61st
Diversity Index # 192 84th
Median Household Income # 816 30th
Per Capita Income # 732 37th

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


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