Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Mentor Ohio Real Estate By Jennifer Hershey

Mentor Ohio Real Estate

Mentor, Ohio, is located in Lake County, of , and 101 miles SE of Detroit, Michigan. Mentor has a population of 50,278.

Mentor Homes

Mentor properties pool is 18,797 residential properties including Mentor new homes. Median age of real estate in Mentor is 1972. Average Household size is 3.08 people. 1% are one bedroom homes, 12% are 2 bedroom homes, 54% are 3 bedroom homes, 30% are 4 bedroom homes, and 4% are 5+ bedroom homes.

Mentor Mortgage Statistics

Mentor mortgages vs. USA median statistics

Homes Mentor USA
Homes With No Mortgage 23%
30%
Homes With Mortgage 77%
70%
First Mortgage Only 50%
54%
First & Second Mortgage or HELOC 27%
16%

Mentor Area Real Estate Tax

Mentor Real estate Tax: Median Real Estate Taxes (2000) were $1,784 comparing to 1999 Median Family income $ 65,322. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Mentor School District: Children make up 25.9% of Mentor population. Mentor has 13,031 under 18 years old residents, or 0.48 kids per one worker, or 0.69 kids per one household.

Mentor Real Estate & Mentor Homeownership

There are 3947.37 or 21% one person households, 6390.98 or 34% two person households, and 3383.46 or 18% three person households in Mentor, Ohio. Median residents age is 38.9, Senior citizens (65+) make up 6,169 or 12.3%% of Mentor population.

There are 27,067 workers (over 16 years of age) in Mentor. Of these, 95.57% drive to work. Approximately 0.88% of workers in Mentor take public transportation. An estimated 0.97% walk to work.

Median Mentor homeowner's housing expences are 18.9%

Crime in Mentor (2003), crimes per 10,000 residents per year

Type of Crime Mentor USA, 2003
Violent Crimes
7.96
47.5
Robberies
2.98
14.2
Aggravated Assaults
1.99
29.5
Property Crimes
272.88
358.8
Burglaries
27.65
74.0
Larceny-Thefts
229.13
241.5
Motor Vehicle Thefts
16.11
43.3

Invest in Mentor Properties

When making a decision about buying real estate in Mentor Ohio area, you should consider following statistical data:

Category Mentor USA
Near Medium City
-
Near Large City
Detroit, Michigan
-
Mentor Zip Codes
44060
-
Mentor Area Codes
440
-
White population
97.3%
75.1%
African-American population
0.64%
12.3%
Asian
1.19%
3.6%
American Indian & Alaskan
0.05%
0.9%
Hispanic (of any race)
0.72%
12.5%
Median Family Income (1999)
$ 65,322%
$42,000
Population Below Poverty Level
2.72%
12.4%

Mentor Ohio Real Estate page will be updated soon. Bookmark this page and come back later to review:

Mentor Real Estate For Sale

Mentor Rental Real Estate

Mentor Real Estate Agency

Mentor Real Estate Investors

 




See Also:

Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork.Recently, online and empowered ... more...

Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ... more...

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ... more...

Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ... more...


More on real estate...

Search More Info On:

  • Real Estate
  • Michigan
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  • Public Housing
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009