Lorain, Ohio

Moving to or Living in Lorain Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Lorain, Ohio
Moving to Lorain In Ohio ? Find out the best and worst about to live, raise a family or retire in Lorain, the Pros and Cons of Living in Lorain.

Explore the life in Lorain based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Lorain
  2. Pros and Cons of Living In Lorain
  3. Crime In Lorain
  4. Cost of Living In Lorain
  5. Gender In Lorain
  6. Household Income For Lorain
  7. Education In Lorain
  8. Race & Ethnicity In Lorain
About Lorain, Ohio
Is Lorain, Ohio a good place to live?
Lorain is a city in Ohio state in USA with a population of 63832 residents.. The poverty rate of Lorain is 26.9%, which is 92% higher than national average. The typical household in Lorain earns $40486 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 7 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lorain, only 82% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lorain remained 8.1%, which is 72% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lorain, only 13% of adults have a bachelor's degree and 35% have some college but no degree.

Cost of living in Lorain is 87, which is 13% lower than national average. Median home value in Lorain is $90700 , which is 61% lower than national average. While median income in Lorain remained $40486, which is 40% lower than national average.
Population
63832
Unemployment
8.1%
72% NAT AVG.
Poverty
26.9%
92% NAT AVG.
Overall Score
4
Median Home
$90700
61% NAT AVG.
Median Income
$40486
40% NAT AVG.
Median Rent
$719
38% NAT AVG.
Cost Of Living
87
13% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 12
People Earning < $10,000
1 in 7
People Earning < $50,000
59.4%
People with <= High School
1 in 1.9
People With Any Degree
1 in 4.2
Pros & Cons Overview

Jobs40%

Housing50%

Affordability80%

Safety40%

Amenities90%

Diversity95%

Education40%

Commute80%


Cost of Living
Expense Lorain Ohio National Avg.
Services 103 100 100
Groceries 105 99 100
Health 108 100 100
Housing 52 74 100
Transportation 101 102 100
Utilities 95 93 100
Cost of Living
Gender
Gender Lorain Ohio Country
Female 51.9% 51% 50.8%
Male 48.1% 49% 49.2%
Gender

Household Income


Income Lorain Ohio Country
Less than $10,000 13.6% 6.6% 5.8%
$10,000 to $14,999 8.1% 4.4% 4.1%
$15,000 to $24,999 11.4% 9.5% 8.5%
$25,000 to $34,999 11.9% 9.6% 8.6%
$35,000 to $49,999 14.4% 13.3% 12.0%
$50,000 to $74,999 18.6% 18.4% 17.2%
$75,000 to $99,999 9.9% 13% 12.8%
$100,000 to $149,999 8.8% 14.4% 15.6%
$150,000 to $199,999 2.4% 5.6% 7.1%
$200,000 or more 0.89999999999999% 5.2% 8.3%
Education


Education Lorain Ohio Country
< 9th Grade 5% 2% 5.0%
9-12th Grade 13% 7% 7.0%
High School or GED 34% 33% 27.0%
Other College 24% 20% 20.0%
Associate's Degree 11% 9% 9%
Bachelor's Degree 9% 18% 20.0%
Master's Degree 3% 8% 9.0%
Professional Degree 1% 2% 2.0%
Doctorate Degree 0% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Lorain Ohio Country
White 51.5% 78.3% 60.1%
African American 14.9% 12.2% 12.2%
American Indian 0.5% 0.1% 0.6%
Asian 1% 2.3% 5.6%
Hawaiian 0.1% 0% 0.2%
Other 0.2% 0.3% 0.3%
Multiracial 3.2% 2.9% 2.8%
Hispanic 28.6% 3.9% 18.2%
Race / Ethnicity