Bannock, OH
Population 165 · Ohio
About Bannock, OH
Bannock is a small community located in Ohio with a population of 165 residents according to the latest US Census Bureau American Community Survey data. The median household income is $43,250 per year, which is 42% below the national median of $75,149. The median age of 70.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Bannock features a median home value of $98,900, which is 60% below the national median of $244,900. This makes Bannock one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 149 total housing units, 88% are owner-occupied (112 units) and 12% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Bannock shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.3%, above the national average of 12.4%. Workers in Bannock have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
3.0% of Bannock residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Bannock, OH
Compared to national averages, Bannock has a median household income of $43,250 (42% below the national median of $75,149). Home values average $98,900, which is 60% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Ohio, Bannock's income is 40% below the state average of $71,814, and home values are 43% below the state median of $174,449.
Why Live in Bannock, OH?
Bannock offers affordable housing with a median home value of $98,900, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($43,250) that falls below the national average. However, Bannock’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Bannock has a population of 165 with a median age of 70.1 years. Compare Bannock with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Bannock
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cloverdale | 165 | $53,750 | $79,000 | Compare |
| Highland | 165 | $38,750 | $95,000 | Compare |
| Rarden | 165 | $34,063 | $67,100 | Compare |
| Rockbridge | 166 | $0 | $0 | Compare |
| Summerfield | 166 | $50,500 | $87,500 | Compare |
| Vaughnsville | 166 | $60,208 | $104,000 | Compare |
| Wilkesville | 164 | $0 | $78,600 | Compare |
| Gomer | 168 | $71,944 | $139,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Bannock
What is the population of Bannock, OH?
The population of Bannock, OH is 165 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Bannock?
The median household income in Bannock, OH is $43,250 per year, which is 42% below the national median of $75,149.
What is the median home value in Bannock?
The median home value in Bannock, OH is $98,900, which is 60% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Bannock?
The median monthly rent in Bannock, OH is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Bannock?
The unemployment rate in Bannock, OH is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Bannock, OH a good place to live?
Bannock offers a moderate cost of living, affordable housing, and a strong job market. With a population of 165 and a median age of 70.1, the city appeals to established professionals and retirees.
How educated is Bannock, OH?
3.0% of residents in Bannock aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Bannock?
Key cost-of-living indicators for Bannock, OH: median home value is $98,900 (60% below national), median rent is $0/month, and median household income is $43,250. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Bannock?
The poverty rate in Bannock, OH is 13.3%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Bannock, OH?
Bannock's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.