LorainOhio

Lorain Population Demographics

According to US population projections for 2022, the estimated population of Lorain is 65,440. 25.06% is under 18, while 19.56% is over 65.

A closer look at the age demography reveals that 6.78% of the population was five years old or younger, 25.06% were 18 years or younger and 34.52% were aged 65 years and over. The gender split in the state was nearly even, with 50.51% female and 49.49% male.

Lorain Housing

According to the US Census, Lorain has 31,664 housing units. The average owner-occupied housing unit rate in Lorain was 87.96%. At the same time, the city's median value of owner-occupied homes was $113,700

Lorain Racial Demographics

In 2020, the US Census estimated that White Alone and Black Or African American Alone constitute 74.84% of Lorain's population. Residents of the city who were Some Other Race Alone, made up 9.69% of the total population.

Other racial groups include White Black Or African American, constituting 3.12% of the city's population and American Indian And Alaska Native Alone at 0.61%

How Educated is Lorain

According to Census estimates, in 2021, 9.1% of Lorain residents had a bachelor's degree, while 4.2% had a graduate or professional degree.

Overall, 13.30% of residents have a bachelor's degree or higher.

Average Income in Lorain

The median household income in Lorain is $43,410. This figure is significantly (approximately 0.00%) less than the state average of $43,410.

Estimates by family type revealed that families earned an average of $54,307 per year, while married-couple families earned an average of $75,752.

A closer examination of the income groups of Lorain households revealed that the largest income group consisted of households with an annual income between $50,000 and $74,999. Other groups with yearly high household incomes include those between $75,000 and $99,999 (14.4%) and those with incomes exceeding $200,000 (1.0%). 12.2% of households in the City of Angels had an annual income of less than $10,000.

Median Income by Type of Family