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Lorain Ohio Real EstateLorain, Ohio, is located in Lorain County, of , and 79 miles SE of Detroit, Michigan. Lorain has a population of 68,652. Lorain Homes Lorain properties pool is 26,407 residential properties including Lorain new homes. Median age of real estate in Lorain is 1958. Average Household size is 3.11 people. 2% are one bedroom homes, 15% are 2 bedroom homes, 64% are 3 bedroom homes, 16% are 4 bedroom homes, and 3% are 5+ bedroom homes. Lorain Mortgage Statistics Lorain mortgages vs. USA median statistics
Lorain Area Real Estate Tax Lorain Real estate Tax: Median Real Estate Taxes (2000) were $938 comparing to 1999 Median Family income $ 39,454. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999). Lorain School District: Children make up 28.3% of Lorain population. Lorain has 19,454 under 18 years old residents, or 0.69 kids per one worker, or 0.74 kids per one household. Lorain Real Estate & Lorain Homeownership There are 7129.89 or 27% one person households, 8186.17 or 31% two person households, and 4753.26 or 18% three person households in Lorain, Ohio. Median residents age is 34.4, Senior citizens (65+) make up 9,582 or 14%% of Lorain population. There are 28,211 workers (over 16 years of age) in Lorain. Of these, 95.52% drive to work. Approximately 0.71% of workers in Lorain take public transportation. An estimated 1.7% walk to work. Median Lorain homeowner's housing expences are 17.6% Crime in Lorain (2003), crimes per 10,000 residents per year
Invest in Lorain Properties When making a decision about buying real estate in Lorain Ohio area, you should consider following statistical data:
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See Also: Successful Real Estate Investing Investing In Real Estate Investors Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less Real Estate Investing The Job Escape |
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