Hanging Rock, OH
Population 168 · Ohio
About Hanging Rock, OH
Hanging Rock is a small community located in Ohio with a population of 168 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,125 per year, which is 3% below the national median of $75,149. The median age of 59.3 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 Hanging Rock features a median home value of $106,300, which is 57% below the national median of $244,900. This makes Hanging Rock one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $675, 42% below the national average of $1,163/month. Of the 88 total housing units, 77% are owner-occupied (55 units) and 23% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hanging Rock shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hanging Rock have an average one-way commute time of 19.9 minutes, one of the shorter commutes in the region.
Education & Demographics
7.9% of Hanging Rock 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, 2.4% 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 Hanging Rock, OH
Compared to national averages, Hanging Rock has a median household income of $73,125 (3% below the national median of $75,149). Home values average $106,300, which is 57% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Ohio, Hanging Rock's income is 2% above the state average of $71,814, and home values are 39% below the state median of $174,449.
Why Live in Hanging Rock, OH?
Hanging Rock offers affordable housing with a median home value of $106,300, below the US average of $244,900, and rent that’s lower than the national average at $675/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features a low poverty rate of 8.3%, better than the national average, and short commute times averaging just 19.9 minutes.
Potential considerations include median household income ($73,125) that falls below the national average. However, Hanging Rock’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hanging Rock has a population of 168 with a median age of 59.3 years. Compare Hanging Rock with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Hanging Rock
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Gomer | 168 | $71,944 | $139,700 | Compare |
| Lewistown | 169 | $121,020 | $314,300 | Compare |
| Lockington | 169 | $55,750 | $156,800 | Compare |
| Zanesfield | 169 | $89,167 | $139,100 | Compare |
| Rockbridge | 166 | $0 | $0 | Compare |
| Summerfield | 166 | $50,500 | $87,500 | Compare |
| Vaughnsville | 166 | $60,208 | $104,000 | Compare |
| Bannock | 165 | $43,250 | $98,900 | 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 Hanging Rock
What is the population of Hanging Rock, OH?
The population of Hanging Rock, OH is 168 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 Hanging Rock?
The median household income in Hanging Rock, OH is $73,125 per year, which is 3% below the national median of $75,149.
What is the median home value in Hanging Rock?
The median home value in Hanging Rock, OH is $106,300, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hanging Rock?
The median monthly rent in Hanging Rock, OH is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Hanging Rock?
The unemployment rate in Hanging Rock, OH is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hanging Rock, OH a good place to live?
Hanging Rock offers a moderate cost of living, affordable housing, and a strong job market. With a population of 168 and a median age of 59.3, the city appeals to established professionals and retirees.
How educated is Hanging Rock, OH?
7.9% of residents in Hanging Rock 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 Hanging Rock?
Key cost-of-living indicators for Hanging Rock, OH: median home value is $106,300 (57% below national), median rent is $675/month, and median household income is $73,125. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hanging Rock?
The poverty rate in Hanging Rock, OH is 8.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hanging Rock, OH?
Hanging Rock's population is 0.0% White, 2.4% 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.