Cost of Living in Lorain County, OH
Population 317,129 · Census ACS 2020–2024 5-year estimates
The median rent in Lorain County, OH is $966/month, 7% lower than the Ohio median and 32% lower than the U.S. median. The median home value is $223,200, 33% lower than the national median. Households earn a median of $73,347 a year, 3% higher than the state median.
Affordability
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Lorain County vs. Ohio vs. U.S.
| Lorain County | Ohio | U.S. | |
|---|---|---|---|
| Median rent | $966 | $1,034 | $1,413 |
| Median home value | $223,200 | $214,800 | $332,700 |
| Median household income | $73,347 | $71,389 | $80,734 |
| Homeownership rate | 74.0% | 67.2% | 65.2% |
| Bachelor's degree or higher | 28.5% | 31.5% | 35.7% |
| Poverty rate | 12.1% | 13.3% | 12.5% |
| Unemployment rate | 4.3% | 4.8% | 5.2% |
| Work from home | 11.7% | 13.0% | 15.1% |
| Median age | 42.1 | 39.7 | 38.9 |
FAQ
What is the average rent in Lorain County, OH?
The median gross rent in Lorain County, OH is $966 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Lorain County, OH?
Using the common 30% rule, renting a median-priced home takes about $38,640 a year in gross income.
Is Lorain County, OH expensive to live in?
Rent there is 32% lower than the U.S. median, and the median home costs about 3.0 times the median household income.
Other counties in Ohio
Counties with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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