Lima, Ohio Income Statistics
Lima 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.
-
D
Lima Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lima | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $46,187 | $71,509 | $80,455 |
| Median Personal Income | $41,581 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.4% | 4.8% |
| Six-Figure Earners | 2.9% | 11.1% | 13.9% |
| $200k+ Households | 1.8% | 9.1% | 13.2% |
The median household income in Lima is about 35% lower than in Ohio. Income has been growing faster in Lima (4.8%/yr) than in Ohio (4.4%/yr).
About 3% of adults in Lima earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lima, Ohio grew by 54.8% from 2009 to 2024, reaching $46,187 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Lima
| Metric | Lima | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.510 | 0.532 | 0.552 |
| Male Median Income | $49,711 | $67,200 | $69,667 |
| Female Median Income | $40,289 | $54,076 | $56,850 |
| Gender Pay Gap | 19.0% | 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 Lima, it is 0.510, 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 23% more than women's income in Lima, Ohio. Over a 35-year career, a 23% wage gap accumulates to roughly $329,770 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lima, Ohio has widened from about 16% to 19% in 2024. Over that period the gap was widest at 20% in 2014, and was narrowest at 12% in 2021. In dollar terms, the gap has widened by $3,545 since 2009.
Sharply against the trend: the pay gap in Lima widened by 2.5 points while Ohio's narrowed by 5.7 points.
Employment
| Metric | Lima | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.7% | 4.8% | 5.2% |
| Working from Home | 2.6% | 13.0% | 15.0% |
| Commute time (minutes) | 13 | 21 | 22 |
Approximately 1,309 people are unemployed in Lima, Ohio.
The average commute time in Lima is 13 minutes, shorter than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lima, Ohio has fallen from 17.6% to 8.7% in 2024. Over that period the rate peaked at 19.4% in 2013 and fell as low as 7.6% in 2019.
Conclusion
Considering all these factors, Lima, Ohio has an overall wealth index grade of D, making it somewhat worse than Ohio, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lima, Ohio.
How Rich Is Lima, Ohio?
Lima has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $46,187, about 35% lower than the Ohio average of $71,509.
How fast is household income rising in Lima, Ohio?
Between 2009 and 2024, the median household income in Lima, Ohio rose 55%, from $29,828 to $46,187. Over the same years, income here outpaced Ohio as a whole: +55% against +51%.
What was the median household income in Lima in 2023?
In 2023, the median household income in Lima, Ohio was $44,027, up 3% from $42,745 in 2022. The Ohio median that year was $69,792.
What was the median household income in Lima in 2020?
In 2020, the median household income in Lima, Ohio was $35,825. By 2024 it had risen 29% to $46,187.
Is unemployment high in Lima, Ohio?
Unemployment in Lima, Ohio is 8.7%, well above the Ohio rate of 4.8%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lima, Ohio?
The Gini coefficient in Lima is 0.510. 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 Lima, Ohio?
Since 2009, the income gap between men and women in Lima, Ohio has widened from about 16% to 19% in 2024. Over that period the gap was widest at 20% in 2014, and was narrowest at 12% in 2021. In dollar terms, the gap has widened by $3,545 since 2009.
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