Last updated: 2024 BLS data · Page refreshed:
Lorain has a population of 594 with a median age of 44.9. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 594 |
| Median Age | 44.9 |
| White | 95.6% |
| Asian | 0.3% |
| Hispanic or Latino | 1.2% |
| Other / Two or More Races | 2.9% |
The median household income in Lorain is $53,382, which is 33.8% below the national median of $80,610. The per capita income is $26,273. The poverty rate is 17.3%.
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In Lorain, 87.0% of residents age 25+ have a high school diploma or higher, and 10.4% hold a bachelor's degree or higher (5.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.0% |
| Bachelor's Degree or Higher | 10.4% |
| Graduate or Professional Degree | 5.6% |
The median home value in Lorain is $61,500, below the national median of $303,400. The median monthly rent is $858. The homeownership rate is 83.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $61,500 |
| Median Monthly Rent | $858 |
| Homeownership Rate | 83.1% |
| Vacancy Rate | 19.3% |
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