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Data updated 2026-10-07

ZIP Code 45862 · Mendon, OH

Mercer County · pop 1,417 · ACS 2020–2024

The median household income in ZIP Code 45862 (Mendon, OH) is $45,556, higher than 9% of the other ZIP Codes in Ohio.

Per FHFA’s index for Mercer County, home prices changed +44.0% over the five years to 2025.

01 — Where it stands

$45,556
Median household income
± $13,413 MOE
$108,200
Median home value
± $11,927 MOE
$694
Median gross rent
17.1%
Poverty rate
Percentiles for ZIP Code 45862 within Mercer County, Ohio and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$45,556 ± $13,4130th percentile (7 ZIP Codes compared)9th percentile (928 ZIP Codes compared)8th percentile (22,922 ZIP Codes compared)
Per capita income$27,7130th percentile (7 ZIP Codes compared)15th percentile (928 ZIP Codes compared)15th percentile (22,922 ZIP Codes compared)
Poverty rate17.1%100th percentile (7 ZIP Codes compared)75th percentile (928 ZIP Codes compared)75th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher9.9%0th percentile (7 ZIP Codes compared)7th percentile (928 ZIP Codes compared)5th percentile (22,922 ZIP Codes compared)
Owner-occupied homes86.7%50th percentile (7 ZIP Codes compared)82nd percentile (928 ZIP Codes compared)81st percentile (22,922 ZIP Codes compared)
Housing vacancy rate3.3%50th percentile (7 ZIP Codes compared)14th percentile (928 ZIP Codes compared)11th percentile (22,922 ZIP Codes compared)
Median home value$108,200 ± $11,9270th percentile (7 ZIP Codes compared)7th percentile (925 ZIP Codes compared)7th percentile (22,833 ZIP Codes compared)
Median gross rent$6940th percentile (7 ZIP Codes compared)7th percentile (928 ZIP Codes compared)8th percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.485100th percentile (7 ZIP Codes compared)87th percentile (928 ZIP Codes compared)84th percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$54,4580th percentile (7 ZIP Codes compared)19th percentile (919 ZIP Codes compared)18th percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more0.0%0th percentile (7 ZIP Codes compared)0th percentile (919 ZIP Codes compared)0th percentile (22,230 ZIP Codes compared)
Business establishments per 1,000 residents8.50th percentile (7 ZIP Codes compared)9th percentile (925 ZIP Codes compared)7th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$22,5110th percentile (7 ZIP Codes compared)0th percentile (914 ZIP Codes compared)0th percentile (22,551 ZIP Codes compared)

Percentile groups: Mercer County · Ohio · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

+3.9%
1-year change, Mercer County
2024–2025
+44.0%
5-year change, Mercer County
2020–2025
+82.5%
10-year change, Mercer County
2015–2025

Home price index — Mercer County

Home price index, Mercer County, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 220.7 in 2025. Every value is listed in the data table below the chart.100150200250200020052010201520202025220.7

FHFA does not publish a ZIP-level index for this area; the chart shows the Mercer County index. FHFA county index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, Mercer County
YearIndexAnnual change
2000100.0+1.3%
2001105.2+5.2%
2002105.5+0.3%
2003107.5+1.9%
2004112.5+4.6%
2005116.9+3.9%
2006116.8−0.1%
2007116.5−0.3%
2008118.2+1.5%
2009116.9−1.1%
2010114.8−1.8%
2011115.9+0.9%
2012115.7−0.2%
2013115.0−0.5%
2014118.7+3.2%
2015121.0+1.9%
2016126.5+4.6%
2017132.9+5.1%
2018140.2+5.5%
2019147.5+5.2%
2020153.3+4.0%
2021166.4+8.6%
2022192.3+15.6%
2023196.9+2.4%
2024212.5+7.9%
2025220.7+3.9%

03 — Nearby ZIP Codes

ZIP Code 45862 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
45862Mendon, OHthis ZIP Code$45,556$108,20017.1%—
45838Elgin, OH5.2 mi$91,181$115,6002.8%+27.6%
45894Venedocia, OH6.6 mi$81,360$182,7002.8%+28.0%
45887Spencerville, OH8.3 mi$68,409$184,40010.5%+57.0%
45882Rockford, OH8.5 mi$74,625$161,7008.3%+36.7%
45822Celina, OH9.1 mi$70,200$182,7009.5%+47.8%
45885Saint Marys, OH9.5 mi$78,550$164,7005.8%+54.9%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

12
Establishments
47
Employees
$1.1M
Annual payroll
$22,511
Average pay per employee
Establishments by sector, ZIP Code 45862
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Retail trade433.3%12.4%2.7×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.