| ZIP Code | 43740 |
|---|---|
| City | Gratiot |
| State | Ohio (OH) |
| County | Licking County |
| Area Code | 220/740 |
| Elevation | 944 ft |
| Latitude | 39.951429 |
|---|---|
| Longitude | -82.217201 |
| Timezone | New York (DST) |
| FIPS | 39089 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.9 yrs ↓ 19% since 2019 |
|---|---|
| Avg Household Size | 2.59 |
| Below Poverty | 14.4% ▲ 44% above avg |
| College Grads | 25.3% ▼ 35% below avg |
| Unemployment | 11.6% ▲ 138% above avg |
| No HS Diploma | 2 (1.1%) |
| HS Graduate | 98 (56.3%) |
| Some College | 10 (5.7%) |
| Associates | 20 (11.5%) |
| Bachelors | 26 (14.9%) |
| Graduate Degree | 18 (10.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,500 ▼ 12% below avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $122,600 ▼ 56% below avg ↑ 12% since 2019 |
| Home/Income Ratio | 1.8x (nat avg ~3.5x) |
| Median Rent | $819/mo ↓ 15% since 2019 |
| Total Units | 112 |
| Vacant Units | 10 |
| Avg HH Size | 2.59 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 112 |
|---|---|
| Vacant | 10 |
| Owner Occupied | 63.7% |
| Renter Occupied | 36.3% |
| Avg HH Size | 2.59 |
ZIP code 43740 is located in Gratiot, Ohio, within Licking County. With a population of 264, this is a sparsely populated ZIP code with a relatively young community — the median age is 37.9 years. Economically, 43740 is a solidly middle-class ZIP code: the median household income of $67,500 is near the national average.
Real estate in ZIP code 43740 represents one of the more affordable housing markets in the country. The median home value of $122,600 is well below the national average. Renters can expect to pay around $819 per month in median rent. Homeownership is strong here — 63.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 12% since 2019.
The population of 43740 is primarily White (99.24%). Residents are moderately educated — 25.3% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 14.4%. Household income has grown by 13% since 2019.
The unemployment rate in 43740 stands at 11.6%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 66%.
Overall, ZIP code 43740 in Gratiot, OH is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 264 residents, a median household income of $67,500, and a median home value of $122,600, it offers a clear picture of life in this part of Ohio.