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Sheffield Lake, Ohio

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
8,966
Population
$69,632
Median Income
$167,000
Home Value
44.3
Median Age

Demographics

Sheffield Lake has a population of 8,966 with a median age of 44.3. Here is the racial and ethnic breakdown of the population:

White
86.7%
Hispanic
10.1%
Black
2.9%
Demographic Value
Total Population8,966
Median Age44.3
White86.7%
Black or African American2.9%
Asian0.4%
Hispanic or Latino10.1%
Sheffield Lake, Ohio — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 86.6%Hispanic/Latino: 10.1%Black: 2.9%Other: 0.4%8,966PopulationWhiteWhite86.6%Hispanic/LatinoHispanic/Latino10.1%BlackBlack2.9%OtherOther0.4%

Income & Economy

The median household income in Sheffield Lake is $69,632, which is 13.6% below the national median of $80,610. The per capita income is $38,035. The poverty rate is 14.8%.

$69,632
Median Household Income
$38,035
Per Capita Income
14.8%
Poverty Rate

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Education

In Sheffield Lake, 93.5% of residents age 25+ have a high school diploma or higher, and 18.2% hold a bachelor's degree or higher (5.0% with a graduate or professional degree).

HS Diploma+
93.5%
Bachelor's+
18.2%
Graduate+
5.0%
Education Level % of Adults (25+)
High School Diploma or Higher93.5%
Bachelor's Degree or Higher18.2%
Graduate or Professional Degree5.0%

Housing

The median home value in Sheffield Lake is $167,000, below the national median of $303,400. The median monthly rent is $1,054. The homeownership rate is 68.1%.

$167,000
Median Home Value
$1,054/mo
Median Rent
68.1%
Homeownership Rate
Housing Metric Value
Median Home Value$167,000
Median Monthly Rent$1,054
Homeownership Rate68.1%
Vacancy Rate6.0%

Salaries in Ohio

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Frequently Asked Questions

What is the population of Sheffield Lake, Ohio?
The population of Sheffield Lake, Ohio is 8,966 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Sheffield Lake, Ohio?
The median household income in Sheffield Lake, Ohio is $69,632. This is 13.6% below the national median of $80,610.
What is the median home value in Sheffield Lake, Ohio?
The median home value in Sheffield Lake, Ohio is $167,000. The median monthly rent is $1,054.
What percentage of people in Sheffield Lake have a college degree?
In Sheffield Lake, Ohio, 18.2% of adults age 25 and older hold a bachelor's degree or higher, and 93.5% have a high school diploma or higher.
Is Sheffield Lake, Ohio an affordable place to live?
The home price-to-income ratio in Sheffield Lake, Ohio is 2.4x (median home value $167,000 vs. median income $69,632), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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