Yankee Lake, OH Profile: Facts & Data

The Village of Yankee Lake had a population of 82 as of July 1, 2023. Yankee Lake ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Ohio. See peer rankings below.

The primary coordinate point for Yankee Lake is located at latitude 41.2667 and longitude -80.5676 in Trumbull County. The formal boundaries for the Village of Yankee Lake encompass a land area of 0.51 sq. miles and a water area of 0 sq. miles. Trumbull County is in the Eastern time zone (GMT -5).

The Village of Yankee Lake 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.

Yankee Lake, OH Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	82 (100%)
Population in Households	82 (100.0%)
Population in Families	71 (86.6%)
Population in Group Quarters¹	0
Population Density	146
Diversity Index²	24


INCOME
Median Household Income	$68,479
Average Household Income	$84,022
% of Income for Mortgage⁴	0%
Per Capita Income	$32,789
Wealth Index⁵	70
Socioeconomic Status Index⁶	Moderate (61.2)

HOUSING
Total HU (Housing Units)	36 (100%)
Owner Occupied HU	29 (80.6%)
Renter Occupied HU	3 ( 8.3%)
Vacant Housing Units	4 (11.1%)
Median Home Value	$153,571
Average Home Value	$155,172
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	32
Average Household Size	2.56
Family Households	26
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Yankee Lake, OH - Peer Comparisons by Rank and Percentile

The table below compares Yankee Lake 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.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	2.78%	-0.74%
Households	0.00%	-0.63%
Families		0.00%
Median Household Income		-1.92%
Per Capita Income		0.13%
Owner Occupied HU		1.34%

Variable Description	Rank	Percentile
Total Population	# 1246	2nd
Population Density	# 1243	2nd
Median Household Income	# 515	59th
Housing Affordability Index	# 37	3rd
Per Capita Income	# 718	43rd
Diversity Index	# 450	65th

Yankee Lake, OH Profile: Facts & Data

Yankee Lake, Ohio - Basic Facts

Yankee Lake, OH Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Yankee Lake, OH - Peer Comparisons by Rank and Percentile

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