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Peninsula, Ohio Demographics & Population 2026

During the 2020–2024 ACS period, Peninsula, Ohio had a total population of 576, the 850th largest village in Ohio, with a median household income of $117,708, which is 65% higher than the state average. The poverty rate is 4.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Peninsula Quick Facts

Population 576
Median Household Income $117,708
Median Home Value $432,700
Poverty Rate 4.7%
Unemployment Rate 5.0%
Median Age 54.0 years
Homeownership Rate 84.8%
Affordability Ratio 3.7x
Bachelor's Degree or Higher 56.0%
High School Graduation Rate 98.9%
Diversity Index 15/100
Population 576 850th of 1,264
Median Income $117,708 top 10%
Poverty Rate 4.7% 62% lower than national
Median Home Value $432,700 top 10%

How Peninsula Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population601576-4.2%
Median household income$125,417$117,708-6.1%
Median home value$421,300$432,700+2.7%

How Peninsula Compares

Economy & Housing

Household Income Distribution

Under $25K 3.7%
$25K-$50K 11.5%
$50K-$100K 24.9%
$100K+ 59.9%
Detailed income brackets
Under $10K
1.9%
$10K-$15K
0.7%
$15K-$20K
0.0%
$20K-$25K
1.1%
$25K-$30K
2.6%
$30K-$35K
0.0%
$35K-$40K
3.7%
$40K-$45K
0.0%
$45K-$50K
5.2%
$50K-$60K
1.5%
$60K-$75K
8.9%
$75K-$100K
14.5%
$100K-$125K
16.4%
$125K-$150K
13.0%
$150K-$200K
16.0%
$200K+
14.5%

Employment

5.0% Unemployment Rate State: 4.8%|National: 5.2%
66.1% Labor Force Participation

Housing Overview

Owner 84.8%
Renter 15.2%
Affordability Index Affordable
3.7x home value to income ratio
Median gross rent $1,750/mo 17.8% of median household income annually

People & Demographics

Diversity Index

15out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Peninsula Rankings in Ohio

#850 Population of 1,264
#93 Median Income of 1,191
#89 Education of 1,264
#53 Home Value of 1,206

Other Cities in Summit County

CityPopulationMedian IncomePovertyHome Value
Akron 189,247 $48,076 23.3% $122,000
Cuyahoga Falls 50,909 $72,705 10.5% $183,300
Stow 34,240 $93,727 5.2% $248,000
Green 27,393 $95,047 7.1% $280,200
Barberton 24,844 $52,267 15.6% $135,200
Hudson 23,039 $171,427 3.7% $466,500
Twinsburg 19,410 $99,144 4.2% $318,800
Tallmadge 18,335 $89,410 5.0% $232,500
New Franklin 13,843 $90,244 6.1% $214,300
Macedonia 12,152 $101,285 4.1% $308,500

Cities Similar to Peninsula

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Owensville620N/A$157,70015.3%41.0%
Alexandria539$115,682$253,30037.5%0.6%
Beaver534N/A$165,8006.0%28.6%
Lake Milton548$109,688$493,80032.9%7.7%
Laurelville633N/A$175,9000.3%11.8%

A note before these figures: with a population of 576, Peninsula's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Peninsula is a small community located in Ohio, within Summit County. The total population is 576. It ranks as the 850th most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in Peninsula is 54.0 years. This is 36% higher than the state median of 39.7 years. Only 11.8% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Peninsula is $117,708. This is 65% higher than the state median of $71,389. It is also 46% higher than the national median of $80,734. The poverty rate stands at 4.7%. This is 65% lower than the state poverty rate of 13.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 5.0%. This is 4% higher than the state rate of 4.8%. The median home value is $432,700. Housing costs are 101% higher than the state median of $214,800. The home-value-to-income ratio is 3.7x. 84.8% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 67.2%.

Race & Ethnicity

Peninsula has a predominantly White (non-Hispanic) population, comprising 92.2% of all residents. Hispanic or Latino residents account for 3.6%. The Black or African American population (0.4%) is well below the state average of 12.0%. The Asian population (0.4%) is well below the state average of 2.5%.

Education

56.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Peninsula in the top 10% of all cities in the state for educational attainment. This is 78% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.9%. Notably, 24.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Peninsula, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Peninsula, Ohio?

Peninsula, Ohio has a population of 576 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Peninsula, OH?

The median household income in Peninsula is $117,708, which is 46% higher than the national median of $80,734.

What is the poverty rate in Peninsula, OH?

The poverty rate in Peninsula is 4.7%. This means approximately 27 residents live below the federal poverty line.

What is the racial makeup of Peninsula, Ohio?

Peninsula's population is 92.2% White, 0.4% Black, 3.6% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Peninsula, OH?

The median home value in Peninsula is $432,700. The home-value-to-income ratio is 3.7x.

How educated is Peninsula, Ohio?

56.0% of adults (25+) in Peninsula hold a bachelor's degree or higher, and 24.7% hold a graduate or professional degree.