Lorain Ohio Real Estate
Lorain, 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
| Homes |
Lorain |
USA |
| Homes With No Mortgage |
35% |
30% |
| Homes With Mortgage |
65% |
70% |
| First Mortgage Only |
47% |
54% |
| First & Second Mortgage or HELOC |
18% |
16% |
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
| Type of Crime |
Lorain |
USA, 2003 |
| Violent Crimes |
40.2 |
47.5 |
| Robberies |
13.55 |
14.2 |
| Aggravated Assaults |
24.47 |
29.5 |
| Property Crimes |
292.78 |
358.8 |
| Burglaries |
82.44 |
74.0 |
| Larceny-Thefts |
195.77 |
241.5 |
| Motor Vehicle Thefts |
14.57 |
43.3 |
Invest in Lorain Properties
When making a decision about buying real estate in Lorain Ohio area, you should consider following statistical data:
| Category |
Lorain |
USA |
| Near Medium City |
|
- |
| Near Large City |
Detroit, Michigan |
- |
| Lorain Zip Codes |
44052, 44053, 44054, 44055 |
- |
| Lorain Area Codes |
440 |
- |
| White population |
69.7% |
75.1% |
| African-American population |
15.94% |
12.3% |
| Asian |
0.33% |
3.6% |
| American Indian & Alaskan |
0.44% |
0.9% |
| Hispanic (of any race) |
21.03% |
12.5% |
| Median Family Income (1999) |
$ 39,454% |
$42,000 |
| Population Below Poverty Level |
16.87% |
12.4% |
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