Lorain

Situated on the southern shore of Lake Erie in Lorain County, this city of 65,207 residents has a housing stock of 30,456 units, with just over half of occupied homes (55.8 percent) owner-occupied. Renters pay a median gross rent of $839 per month. The median household income stands at $45,799. Nearly all workers commute out of the home, with only 0.7 percent working remotely, and the average one-way commute runs 23.3 minutes. The local economy has historically been rooted in manufacturing and industrial work, and that legacy continues to shape the workforce. The city sits along the Black River where it meets Lake Erie, giving residents access to waterfront areas including Lakeview Park and a public beach. Downtown has seen incremental reinvestment in recent years, and the broader Lorain County metro connects residents to employment centers in Elyria and the greater Cleveland region to the east.

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