Economic
and Demographic Information
Rossford
is currently home to more than 6,500 residents in
the state of Ohio and is growing at a tremendous rate. The people living in the area are very diverse,
young and highly educated, which all contributes to
the areas successful business community.
Twenty
two percent of the population 25 and older in 1990 had
a bachelor’s degree or higher.
Consumer
Expenditures
Total
retail sales
$770,385 |
Food
$145,215 |
General
Merchandise
$104,523 |
Automotive
$140,848 |
About 30% of the households in northwest Ohio have an effective buying income (EBI) of
$50,000 or greater. EBI is defined as disposable income or income after taxes. The other
income classes are broken down as follows:
Percent of Households by Income
(EBI) Class
AREA |
$10,000 to $19,999 |
$20,000 to $34,999 |
$35,000 to $49,999 |
$50,000 and Over |
Fulton County |
20.5% |
24.3% |
24.2% |
31.0% |
Lucas County |
29.9% |
21.8% |
17.3% |
31.0% |
Toledo |
34.5% |
22.9% |
17.3% |
25.3% |
Wood County |
24.7% |
22.2% |
19.4% |
33.7% |
Defiance County |
24.2% |
24.3% |
23.1% |
28.4% |
Erie County |
25.1% |
23.2% |
18.1% |
33.6% |
Henry County |
22.6% |
22.9% |
23.2% |
31.3% |
Ottawa County |
24.2% |
24.0% |
19.1% |
32.7% |
Sandusky County |
25.7% |
25.1% |
21.7% |
27.5% |
Seneca County |
30.4% |
25.6% |
21.5% |
22.5% |
Williams County |
23.2% |
25.1% |
22.8% |
28.9% |
Source: Sales & Marketing Management 1998 Survey of Buying Power
Income
Information
Median
household income (1993)
$36,197 |
|
Growing Regional Incomes
| Area |
1996 |
1997 |
Gain |
Percentage
Growth |
| Fulton |
$21,841 |
$22,933 |
$1,092 |
4.8% |
| Lucas |
$23,770 |
$24,630 |
$860 |
3.5% |
| Wood |
$22,635 |
$23,603 |
$968 |
4.2% |
| Defiance |
$21,742 |
$22,827 |
$1,085 |
4.8% |
| Erie |
$23,789 |
$24,755 |
$966 |
4.0% |
| Henry |
$20,725 |
$21,940 |
$1,215 |
5.6% |
| Ottawa |
$23,645 |
$24,705 |
$1,060 |
4.3% |
| Sandusky |
$20,129 |
$21,043 |
$914 |
4.4% |
| Seneca |
$19,086 |
$19,995 |
$909 |
4.6% |
| Williams |
$21,493 |
$22,733 |
$1,240 |
5.5% |
| 10-County |
$17,336 |
$18,172 |
$836 |
4.7% |
| Ohio |
$23,054 |
$24,163 |
$1,109 |
4.6% |
| USA |
$24,164 |
$25,288 |
$2,124 |
4.5% |
Source: Survey of Business; Bureau of Economic Analysis
The tables below show the change of median household income from 1980 to 1990. The
income in nominal dollars is not adjusted for inflation.
Median Household Income - In Nominal Dollars
AREA |
1980 |
1990 |
Growth
Based on Nominal Dollars |
| Lucas |
$17,726 |
$28,245 |
59.3% |
| City of Toledo |
$16,200 |
$24,819 |
53.2% |
| Wood |
$18,855 |
$31,197 |
65.5% |
| Fulton |
$18,648 |
$31,890 |
71.0% |
| Defiance |
$19,513 |
$31,505 |
61.5% |
| Erie |
$19,130 |
$30,470 |
59.3% |
| Henry |
$18,346 |
$31,032 |
69.1% |
| Ottawa |
$18,570 |
$31,360 |
68.9% |
| Sandusky |
$18,392 |
$29,060 |
58.0% |
| Seneca |
$17,524 |
$26,988 |
54.0% |
| Williams |
$17,566 |
$28,451 |
62.0% |
| Total Region |
$18,427 |
$30,020 |
62.9% |
| State of Ohio |
$17,754 |
$28,706 |
61.7% |
| United States |
$17,710 |
$29,943 |
69.1% |
Source: U.S. Bureau of Census
Median Household Income - In Real Dollars
AREA |
1980 |
1990 |
Growth
Based on Real Dollars |
| Lucas |
$28,150 |
$28,245 |
0.3% |
| City of Toledo |
$25,726 |
$24,819 |
-3.5% |
| Wood |
$29,943 |
$31,197 |
4.2% |
| Fulton |
$29,614 |
$31,890 |
7.7% |
| Toledo MSA |
$29,235 |
$30,444 |
4.1% |
| Defiance |
$30,987 |
$31,505 |
1.7% |
| Erie |
$30,379 |
$30,470 |
0.3% |
| Henry |
$29,134 |
$31,032 |
6.5% |
| Ottawa |
$29,490 |
$31,360 |
6.3% |
| Sandusky |
$29,207 |
$29,060 |
-0.5% |
| Seneca |
$27,829 |
$26,988 |
-3.0% |
| Williams |
$27,896 |
$28,451 |
2.0% |
| Total Region |
$29,263 |
$30,020 |
2.7% |
| State of Ohio |
$28,194 |
$28,706 |
1.8% |
| United States |
$28,124 |
$29,943 |
6.5% |
Source: U.S. Bureau of Census
The table below illustrates the percentages of households by effective buying income
(EBI) class. Effective buying income is defined as income after taxes.
Percent of Households by Income (EBI) Class
AREA |
$10,000
to $19,999 |
$20,000
to $34,999 |
$35,000
to $49,999 |
$50,000
and Over |
Toledo |
34.5% |
22.9% |
17.3% |
25.3% |
Fulton
County |
20.5% |
24.3% |
24.2% |
31.0% |
Lucas
County |
29.9% |
21.8% |
17.3% |
31.0% |
Wood
County |
24.7% |
22.2% |
19.4% |
33.7% |
Defiance
County |
24.2% |
24.3% |
23.1% |
28.4% |
Erie
County |
25.1% |
23.2% |
18.1% |
33.6% |
Henry
County |
22.6% |
22.9% |
23.2% |
31.3% |
Ottawa
County |
24.2% |
24.0% |
19.1% |
32.7% |
Sandusky
County |
25.7% |
25.1% |
21.7% |
27.5% |
Seneca
County |
30.4% |
25.6% |
21.5% |
22.5% |
Williams
County |
23.2% |
25.1% |
22.8% |
28.9% |
Source: Sales & Marketing Management; 1998 Survey of Buying Power
Population
Wood
County
117,546 |
Projected
2003 population
124,446 |
Population - A Region Approaching One Million in Size
| AREA |
1980 |
1990 |
1996est |
2000
Forecast |
2005
Forecast |
2010
Forecast |
2015
Forecast |
| Lucas |
471,741 |
462,400 |
452,691 |
459,100 |
456,500 |
456,900 |
460,000 |
| City of Toledo |
354,635 |
332,943 |
325,767 |
318,592 |
313,959 |
309,327 |
308,585 |
| Wood |
107,372 |
113,300 |
117,546 |
119,200 |
121,700 |
125,400 |
128,200 |
| Fulton |
37,751 |
38,500 |
41,180 |
40,700 |
41,700 |
42,500 |
43,800 |
| Defiance |
39,987 |
39,400 |
40,300 |
40,500 |
41,200 |
41,200 |
41,600 |
| Erie |
79,655 |
76,800 |
77,900 |
78,200 |
79,200 |
79,500 |
80,700 |
| Henry |
28,383 |
29,100 |
29,900 |
30,400 |
31,100 |
31,800 |
32,600 |
| Ottawa |
40,076 |
40,000 |
40,200 |
40,300 |
40,600 |
40,900 |
41,200 |
| Sandusky |
63,267 |
62,000 |
63,900 |
65,500 |
67,600 |
69,400 |
71,400 |
| Seneca |
61,901 |
59,700 |
59,100 |
57,000 |
55,600 |
53,700 |
51,900 |
| Williams |
36,369 |
37,000 |
37,600 |
37,900 |
38,400 |
38,700 |
39,200 |
| Total Region |
966,502 |
958,200 |
964,100 |
968,800 |
973,600 |
980,000 |
990,600 |
Source: Ohio Data Users Center, Ohio Department of Development
|
Age Distribution by Sex -- 10-County Area
Age
Group |
Total
Persons |
%
Total |
Female |
%
Female |
Male |
%
Male |
| 0 to 4 |
65,468 |
7.4% |
22,815 |
7.1% |
42,653 |
7.6% |
| 5 to 9 |
66,988 |
7.6% |
22,396 |
7.0% |
44,592 |
8.0% |
| 10 to 14 |
64,564 |
7.3% |
21,068 |
6.6% |
43,496 |
7.8% |
| 15 to 19 |
70,050 |
7.9% |
25,131 |
7.8% |
44,919 |
8.0% |
| 20 to 24 |
69,067 |
7.8% |
27,074 |
8.5% |
41,993 |
7.5% |
| 25 to 29 |
69,425 |
7.9% |
25,545 |
8.0% |
43,880 |
7.8% |
| 30 to 34 |
73,875 |
8.4% |
26,499 |
8.3% |
47,376 |
8.4% |
| 35 to 39 |
68,582 |
7.8% |
24,417 |
7.6% |
44,165 |
7.9% |
| 40 to 44 |
59,910 |
6.8% |
21,337 |
6.7% |
38,573 |
6.9% |
| 45 to 49 |
46,373 |
5.3% |
16,264 |
5.1% |
30,109 |
5.4% |
| 50 to 54 |
38,889 |
4.4% |
13,691 |
4.3% |
25,198 |
4.5% |
| 55 to 59 |
37,017 |
4.2% |
13,227 |
4.1% |
23,790 |
4.2% |
| 60 to 64 |
38,698 |
4.4% |
14,100 |
4.4% |
24,598 |
4.4% |
| 65 to 69 |
36,091 |
4.1% |
13,715 |
4.3% |
22,376 |
4.0% |
| 70 to 74 |
28,711 |
3.3% |
11,490 |
3.6% |
17,221 |
3.1% |
| 75 to 79 |
21,436 |
2.4% |
9,040 |
2.8% |
12,396 |
2.2% |
| 80 to 84 |
14,329 |
1.6% |
6,658 |
2.1% |
7,671 |
1.4% |
| 85+ |
11,774 |
1.3% |
5,890 |
1.8% |
5,884 |
1.0% |
| Median Age |
33.0 |
|
34.1 |
|
31.8 |
|
Source: 1990 U.S. Bureau of Census
|
Population by Race for NW Ohio
County |
White |
African-
American |
American Indian |
Asian |
Other |
Total Population |
| Fulton |
37,097 |
93 |
62 |
137 |
1,109 |
38,498 |
| Lucas |
380,155 |
68,456 |
1,164 |
4,981 |
7,605 |
462,361 |
| Wood |
109,303 |
1,168 |
197 |
1,028 |
1,573 |
113,269 |
| Defiance |
36,962 |
493 |
80 |
121 |
1,694 |
39,350 |
| Erie |
69,613 |
6,312 |
150 |
265 |
439 |
76,779 |
| Henry |
27,951 |
147 |
53 |
95 |
862 |
29,108 |
| Ottawa |
39,029 |
265 |
51 |
94 |
590 |
40,029 |
| Sandusky |
58,282 |
1,553 |
94 |
142 |
1,892 |
61,963 |
| Seneca |
57,474 |
1,172 |
90 |
234 |
763 |
59,733 |
| Williams |
36,366 |
23 |
46 |
127 |
394 |
36,956 |
| 7 County Region |
235,677 |
9,965 |
564 |
1,078 |
6,634 |
343,918 |
| 10 County Region |
852,232 |
79,682 |
1,987 |
7,224 |
16,921 |
958,046 |
Source: U.S. Bureau of Census, 1990
|
Households
In 1998, 5,408 houses were sold with an average price of $115,730 according to the
Toledo Board of Realtors. Houses are very affordable in the Toledo area compared to the
national sales price of $130,600 in 1998. The monthly cost of renting a 2 bedroom
apartment in the Toledo MSA is about $475.
Home Purchases
| PRICE RANGE HOMES SOLD |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
| $50-59,999 |
518 |
544 |
579 |
566 |
509 |
501 |
436 |
380 |
| $80-89,999 |
324 |
377 |
405 |
388 |
377 |
417 |
431 |
474 |
| $90-99,999 |
226 |
271 |
288 |
264 |
255 |
269 |
288 |
345 |
| $100-119,999 |
299 |
357 |
447 |
386 |
462 |
463 |
440 |
539 |
| $120-139,999 |
234 |
291 |
299 |
356 |
338 |
441 |
480 |
503 |
| $140-159,999 |
158 |
171 |
213 |
228 |
259 |
308 |
317 |
395 |
| $200-249,999 |
91 |
108 |
128 |
140 |
187 |
222 |
236 |
333 |
| $250-299,999 |
33 |
53 |
51 |
66 |
73 |
90 |
92 |
107 |
| $300-399,999 |
30 |
32 |
49 |
60 |
60 |
90 |
96 |
100 |
| $400-499,999 |
10 |
13 |
17 |
17 |
20 |
30 |
25 |
46 |
| Average Sale Price |
$84,087 |
$86,710 |
$88,660 |
$91,859 |
$97,144 |
$104,489 |
$109,989 |
$115,730 |
Source: Toledo Board of Realtors
Civilian labor force
65,784 (1998)
Retail Sales (as
of 9/99)
ACCRA Survey eight year history results
Year (4th QTR.) |
Composite |
Grocery |
Housing |
Utilities |
Trans. |
Health Care |
Misc. |
1991 |
106.8 |
99.1 |
115.1 |
120.8 |
106.7 |
95.3 |
102.7 |
1992 |
104.2 |
100.8 |
109.4 |
119.2 |
101.1 |
93.7 |
99.9 |
1993 |
101.6 |
96.3 |
100.9 |
117.1 |
107.6 |
93.8 |
99.6 |
1994 |
98.8 |
97.1 |
90.9 |
118.9 |
107.1 |
94.7 |
100.0 |
1995 |
97.5 |
98.6 |
87.6 |
120.2 |
102.9 |
94.3 |
98.9 |
| 1996 |
99.6 |
100.8 |
92.4 |
107.7 |
106.8 |
95.3 |
101.9 |
| 1997 |
101.8 |
101.6 |
91.1 |
128.4 |
106.9 |
100.7 |
103.3 |
| 1998 |
102.2 |
102.9 |
94.1 |
130.2 |
102.7 |
99.7 |
102.2 |
Occupational
Distribution
Construction
$31,374 |
Services
$18,332 |
Manufacturing
$40,453 |
Government
$26,048 |
Transportation
and
Public Utilities
$30,672 |
Wholesale
$37,477 |
Retail
$12,813 |
|
|
Disclaimer
|