Lima

Located in Allen County in northwestern Ohio, Lima is a city of 35,304 residents with a housing stock of 15,802 units. Just under half of occupied homes are owner-occupied, at 46.4 percent, meaning renters make up a substantial portion of the residential market, with a median gross rent of $865 per month. The median household income stands at $43,370. Getting to work is relatively quick for most residents, with an average commute time of 16.6 minutes, and only 1.7 percent of workers work from home, suggesting the local economy is grounded in industries that require an in-person presence. Lima has historically been tied to manufacturing and refining, and that hands-on workforce character remains reflected in how residents commute and earn. The city sits at the intersection of several regional highways, which supports both its commuter patterns and its role as a commercial hub for the surrounding Allen County area.

Market description generated from current MLS and U.S. Census data.