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Erie County, OH

RANK #258 / 996  ·  POP 75,299  ·  OH

PROJECTED GROWTH: +1.7%

Erie County combines solid growth with real affordability — a rare combination.

[01] Why Erie County?

Erie County, Ohio, is defined by its Lake Erie shoreline and the city of Sandusky, known for its tourism and unique Masonic star-shaped street plan. Located in northern Ohio, the county is less than an hour from both Cleveland and Toledo, with accessible routes via the Ohio Turnpike and State Route 2. The community offers a blend of lakeside living and agricultural areas, with over 50% of the land dedicated to farming. Outdoor recreation is a significant draw, with opportunities for boating, fishing, and exploring 14 parks and preserves managed by Erie MetroParks, which feature over 30 miles of trails and diverse natural landscapes.

Life in Erie County offers a mix of small-town and rural settings, with public schools generally performing above average. Commute options within the county include the Sandusky Transit System's Dial-A-Ride, a curb-to-curb service, and regional rideshare programs. The economy, historically tied to manufacturing, has shifted towards tourism, with major attractions drawing visitors to the area. Recent economic developments show investment in commercial and residential projects, as well as in sectors like data centers and energy, supported by local initiatives aimed at business attraction and expansion.

[02] Market Snapshot

Housing Ratio
3.1x

Undervalued relative to economy

GDP Growth
+2.0%

Below national median

Home Prices
+1.1%

Below national median

Climate & Terrain
-0.9

Below-average climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks undervalued at 3.1x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Erie County U.S. National

The Numbers

DEMOGRAPHICS
Population
75,299
-0.35% YoY
Median Household Income
$65,171
Median Home Value
$169,400
+1.13% 12mo
Median Rent
$884
Average Annual Pay
$49,985
+5.3% YoY
Employment
36,283
+0.7% YoY
Income-to-Home-Value
0.3847
More affordable than average
Migration Inflow
3.84%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$211,250
Days on Market
63
Slower market
Months of Supply
3.8
Balanced market
Sale-to-List Ratio
97.1%
Negotiation room for buyers
Sold Above List
23.1%
Listings w/ Price Drops
17.3%
Building Permits (2024)
113
Single-Family Permits
107

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,167M
TOTAL
PROJECT AMOUNT STATUS
Emerson Creek Wind Farm
Apex Clean Energy (Firelands Wind LLC)
$615M Under Construction
Aligned Data Centers: NEO-01 Campus
Aligned Data Centers
$202M Planned
Battery Park Redevelopment
Marous Development Group
$200M Under Construction
Wheatsborough Solar Project
Apex Clean Energy
$150M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.0% 36 percentile
Population Growth -0.3% 14 percentile
Income Growth +8.3% 45 percentile
Vacancy Rate 1.4% 25 percentile
Home Price Change +1.1% 47 percentile
Price/Rent 16x 26 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Erie County, OH a good place to move to?

Erie County has a Boom Town Index score of 74/100, ranking #258 among 996 U.S. counties. With job growth at +0.7% and a median household income of $65,171, it's an above-average county on economic indicators.

Is Erie County affordable?

The median home value in Erie County is $169,400 with median rent at $884/month. The income-to-home-value ratio is 0.3847, which is more affordable than the national average.

Is Erie County growing or shrinking?

Population growth: -0.3% year-over-year. Job growth: +0.7%. Home values changed +1.1% in the past 12 months.

Are people moving to Erie County?

Yes — 3.84% of Erie County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Cape Girardeau County, MO 84 Hawkins County, TN 84 St. Joseph County, IN 84 Medina County, OH 84 Barry County, MI 84 St. Joseph County, MI 84 St. Lawrence County, NY 84 Miami County, OH 84