Oakwood, OH 45873 ZIP Code Profile

Related Place Profiles:
Melrose, OH | Oakwood, OH
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ZIP Code 45873: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Oakwood, OH 45873

Acceptable Alternative
Melrose, OH 45873

  • ZIP Code Type: STANDARD
  • County: Paulding County
  • Centroid: Latitude 41.097, Longitude -84.404
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 45873 has segments in 2 Counties (Paulding, Putnam).

  • Businesses Addresses: 43
  • PO Box Addresses: 101
  • Residential Addresses: 828
    • Multi-Family Addresses: 0
    • Single Family Addresses: 828

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Jump to... (On This Page!)
  1. 45873 2019 Demographic Data
  2. Growth Rates for 45873 (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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Oakwood, OH 45873 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Oakwood, OH 45873 Housing Affordability Index is 273
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

Oakwood, OH 45873 Wealth Index is 72
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 Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Ohio COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 2,356 (100%)
Population in Households 2,356 (100.0%)
Population in Families 1,975 (83.8%)
Population in Group Quarters1 0
Population Density 46
Diversity Index2 15
 

INCOME

Median Household Income $50,659
Average Household Income $67,373
Per Capita Income $26,251
Wealth Index4 72

HOUSING

Total Housing Units 1,074 (100%)
Owner Occupied HU 725 (67.5%)
Renter Occupied HU 193 (18.0%)
Vacant Housing Units 156 (14.5%)
Median Home Value $93,339
Housing Affordability Index3 273
 

HOUSEHOLDS

Total Households 918
Average Household Size 2.57
Family Households 659
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 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.
  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 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 -0.51% -0.44%
Households -0.47% -0.4%
Families -0.65% -0.52%
Median Household Income   2.5%
Per Capita Income   2.83%

Oakwood, OH 45873 - Peer Comparisons by Rank and Percentile

The table below compares 45873 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 # 755 35th
Population Density # 1006 14th
Diversity Index # 487 58th
Median Household Income # 748 36th
Per Capita Income # 665 43rd

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


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