Avon Lake, Ohio Income Statistics
Avon Lake Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A
Avon Lake Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Avon Lake | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $115,637 | $71,509 | $80,455 |
| Median Personal Income | $92,454 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.4% | 4.8% |
| Six-Figure Earners | 28.0% | 11.1% | 13.9% |
| $200k+ Households | 25.2% | 9.1% | 13.2% |
The median household income in Avon Lake is about 62% higher than in Ohio. Income has been growing faster in Avon Lake (4.6%/yr) than in Ohio (4.4%/yr).
About 28% of adults in Avon Lake earn six figures ($100,000 or more) a year, higher than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Avon Lake, Ohio grew by 42.8% from 2009 to 2024, reaching $115,637 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in Avon Lake
| Metric | Avon Lake | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.506 | 0.532 | 0.552 |
| Male Median Income | $113,931 | $67,200 | $69,667 |
| Female Median Income | $83,028 | $54,076 | $56,850 |
| Gender Pay Gap | 27.1% | 19.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Avon Lake, it is 0.506, lower than Ohio's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 37% more than women's income in Avon Lake, Ohio. Over a 35-year career, a 37% wage gap accumulates to roughly $1,081,605 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Avon Lake, Ohio has narrowed from about 33% to 27% in 2024. Over that period the gap was widest at 35% in 2015, and was narrowest at 19% in 2023. In dollar terms, the gap has widened by $6,790 since 2009.
Employment
| Metric | Avon Lake | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.6% | 4.8% | 5.2% |
| Working from Home | 23.1% | 13.0% | 15.0% |
| Commute time (minutes) | 23 | 21 | 22 |
Approximately 177 people are unemployed in Avon Lake, Ohio.
The average commute time in Avon Lake is 23 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Avon Lake, Ohio has fallen from 5.2% to 1.6% in 2024. Over that period the rate fell as low as 1.5% in 2023.
Avon Lake, OH Wealth Compared With Nearby Cities
How Avon Lake, OH compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Avon Lake, OH | 20,624 | $115,637 #2/3 | 4.6%/yr #1/3 | 1.6% #1/3 | 0.506 #2/3 |
| Avon, OH | 25,317 | $132,182 | 4.5%/yr | 1.8% | 0.492 |
| Westlake, OH | 34,104 | $111,096 | 4.0%/yr | 3.5% | 0.515 |
Conclusion
Considering all these factors, Avon Lake, Ohio has an overall wealth index grade of A, making it notably better than Ohio, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Avon Lake, Ohio.
How Wealthy Is Avon Lake, Ohio?
Avon Lake has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $115,637, about 62% higher than the Ohio average of $71,509.
Are incomes growing in Avon Lake, Ohio?
Between 2009 and 2024, the median household income in Avon Lake, Ohio rose 43%, from $81,006 to $115,637. Over the same years, income here lagged behind Ohio as a whole: +43% against +51%.
What was the median household income in Avon Lake in 2023?
In 2023, the median household income in Avon Lake, Ohio was $108,291, up 3% from $104,722 in 2022. The Ohio median that year was $69,792.
What was the median household income in Avon Lake in 2020?
In 2020, the median household income in Avon Lake, Ohio was $85,289. By 2024 it had risen 36% to $115,637.
Is Avon Lake, Ohio a high-income area?
Yes. 28% of adults in Avon Lake, Ohio earn $100,000 or more a year (about 1 in 4), against 11% (about 1 in 9) in Ohio. 25% of households have a combined income of $200,000 or more, compared with 9% in Ohio.
Is it hard to find a job in Avon Lake, Ohio?
Unemployment in Avon Lake, Ohio is only 1.6%, well below the Ohio rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Avon Lake, Ohio?
The Gini coefficient in Avon Lake is 0.506. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Avon Lake, Ohio?
Since 2009, the income gap between men and women in Avon Lake, Ohio has narrowed from about 33% to 27% in 2024. Over that period the gap was widest at 35% in 2015, and was narrowest at 19% in 2023. In dollar terms, the gap has widened by $6,790 since 2009.
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