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Lorain County, OH

RANK #263 / 996 NAT  ·  #29 / 49 OH  ·  POP 313,101

1YR FORECAST: +3.8%

5YR OUTLOOK: +30%

Our model projects above-average housing market growth for Lorain County at +3.8% over the next year.

[01] Why Lorain County?

Oberlin, home to the second-oldest continuously operating coeducational institute of higher learning in the world, Oberlin College, is one of Lorain County, Ohio's most notable towns. Located along the southern shore of Lake Erie, Lorain County is about 25 miles west of Cleveland, offering a mix of urban, suburban, and rural communities. Commutes vary, with major interstates like I-90, I-80 (Ohio Turnpike), and I-480 providing connections to Cleveland and other regional markets. The county boasts over 11,000 acres of parkland, including Lakeview Park with its sunsets over Lake Erie, and extensive trails for hiking and biking.

Lorain County offers a diverse lifestyle, with communities ranging from lakefront living in Avon Lake to the historic charm of Elyria, the county seat. Public schools in the county are generally above average, with various districts serving different communities. The economy is seeing growth, with projections for increases in domestic product and employment outpacing the state average in the coming years. This growth is driven by sectors such as manufacturing, healthcare, and information technology, with significant investment flowing into industrial and logistics development, including a large-scale industrial project near the Lorain County Regional Airport.

[02] Market Snapshot

Housing Ratio
5.2x

Above national median (4.7x)

GDP Growth
+3.1%

Above national median

Home Prices
+4.8%

Outpacing national median

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 5.2x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Ford Motor Co. (Ohio Assembly Plant) Manufacturing
    2,500+
  2. 2
    Lorain County Government Government
    1,000+
  3. 3
    Sprenger Health Care System Healthcare
  4. 4
    Community Health Partners Regional Health System Healthcare
  5. 5
    Mercy Health Healthcare
  6. 6
    Invacare Corp. Manufacturing
  7. 7
    EMH Regional Medical Center Healthcare
  8. 8
    Republic Engineered Products Inc. (Republic Steel) Manufacturing
  9. 9
    Lorain City School District Education
  10. 10
    State of Ohio Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Lorain County U.S. National

The Numbers

DEMOGRAPHICS
Population
313,101
+0.44% YoY
Median Household Income
$67,272
Median Home Value
$191,900
+4.81% 12mo
Median Rent
$886
Average Annual Pay
$55,721
+4.3% YoY
Employment
98,291
+0.4% YoY
Income-to-Home-Value
0.3506
More affordable than average
Migration Inflow
3.11%
of pop. from another state
Bachelor's Degree+
27.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$230,620
Days on Market
45
Moderate pace
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
25.3%
Listings w/ Price Drops
23.9%
Building Permits (2024)
1,331
Single-Family Permits
1,091

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

[05] Crime & Safety

C+
SAFETY
GRADE
Homicide Rate
5.2
per 100K · nat avg 6.3
Firearm Fatalities
12.1
per 100K · nat avg 14.8
Injury Deaths
101.7
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.7
Good
Good Air Days
83%
657 of 790 days
Unhealthy+ Days (3yr)
1
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
41
2022
35
2023
37
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$117M
TOTAL
PROJECT AMOUNT STATUS
Lorain County Mega Site Development
Lorain County Board of Commissioners / Liberty Development Company
$67M Under Construction
Lorain Renewable Natural Gas (RNG) Facility
EDL
$50M Operating

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

[08] Score Breakdown

GDP Growth +3.1% 58 percentile
Population Growth +0.4% 49 percentile
Income Growth +7.8% 33 percentile
Vacancy Rate 1.3% 34 percentile
Home Price Change +4.8% 89 percentile
Rent Growth +3.4% 58 percentile
Price/Rent 13x 58 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

With a Boom Town Index score of 73/100, Lorain County sits in the upper half of all 996 ranked counties. and median household income stands at $67,272 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in OH.

Is Lorain County affordable?

By national standards, Lorain County is quite affordable. Homes here have a median value of $191,900, and the income-to-home-value ratio of 0.35 is well above the U.S. average — especially with median rent at just $886/month. Residents can generally buy a home without being cost-burdened.

Is Lorain County growing or shrinking?

Population and employment in Lorain County are both close to flat — population +0.4% YoY and jobs +0.4%. Home values shifted +4.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Lorain County?

There's a moderate stream of newcomers. About 3.11% of residents moved from another state, which is above average and suggests Lorain County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Medina County, OH 74 Montgomery County, OH 74 Columbiana County, OH 71 Jefferson County, OH 76 Miami County, OH 76 Summit County, OH 76 Lafayette Parish, LA 73 Lackawanna County, PA 73