Lorain County, Ohio Income Statistics
Lorain County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
C
Lorain County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lorain County | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $73,279 | $71,509 | $80,455 |
| Median Personal Income | $58,550 | $58,431 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.4% | 4.8% |
| Six-Figure Earners | 11.6% | 11.1% | 13.9% |
| $200k+ Households | 10.1% | 9.1% | 13.2% |
The median household income in Lorain County is about 2% higher than in Ohio. Income has been growing slower in Lorain County (3.9%/yr) than in Ohio (4.4%/yr).
About 12% of adults in Lorain County earn six figures ($100,000 or more) a year, about the same as the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Lorain County, Ohio grew by 40.9% from 2009 to 2024, reaching $73,279 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Lorain County
| Metric | Lorain County | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.530 | 0.532 | 0.552 |
| Male Median Income | $68,774 | $67,200 | $69,667 |
| Female Median Income | $54,804 | $54,076 | $56,850 |
| Gender Pay Gap | 20.3% | 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 Lorain County, it is 0.530, about the same as Ohio's 0.532, so income here is about as evenly distributed as there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 25% more than women's income in Lorain County, Ohio. Over a 35-year career, a 25% wage gap accumulates to roughly $488,950 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lorain County, Ohio has narrowed from about 29% to 20% in 2024. Over that period the gap was narrowest at 19% in 2023. In dollar terms, the gap has narrowed by $328 since 2009.
Employment
| Metric | Lorain County | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.3% | 4.8% | 5.2% |
| Working from Home | 11.7% | 13.0% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 6,727 people are unemployed in Lorain County, Ohio.
The average commute time in Lorain County is 22 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lorain County, Ohio has fallen from 10.0% to 4.3% in 2024. Over that period the rate peaked at 10.3% in 2013.
Lorain County, OH Wealth Compared With Nearby Counties
Lorain County, OH is the 2nd largest of the 6 counties compared here, 317,119 residents against a local median of 74,571. Where Lorain County, OH breaks from the counties next to it is income growth, sitting 16% below the local median of 4.6%/yr at 3.9%/yr. That is the weaker end of the local range on this measure.
The counties themselves spread 1.1%/yr on income growth, so Lorain County, OH sits at one end of an already wide local range rather than apart from it. Lorain County, OH has the 6th highest income growth of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Lorain County, OH | 317,119 | $73,279 #2/6 | 3.9%/yr #6/6 | 4.3% #3/6 | 0.530 #5/6 |
| Medina County, OH | 183,656 | $94,530 | 3.9%/yr | 2.9% | 0.511 |
| Erie County, OH | 74,571 | $71,843 | 5.1%/yr | 5.3% | 0.504 |
| Cuyahoga County, OH | 1,244,625 | $64,955 | 4.6%/yr | 6.6% | 0.536 |
| Huron County, OH | 58,319 | $68,867 | 4.4%/yr | 4.5% | 0.499 |
| Ashland County, OH | 52,253 | $69,984 | 4.7%/yr | 3.6% | 0.511 |
Conclusion
Considering all these factors, Lorain County, Ohio has an overall wealth index grade of C, making it somewhat better than Ohio, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lorain County, Ohio.
How Rich Is Lorain County, Ohio?
Lorain County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $73,279, about 2% higher than the Ohio average of $71,509.
How has median household income changed in Lorain County, Ohio?
Between 2009 and 2024, the median household income in Lorain County, Ohio rose 41%, from $51,990 to $73,279. Over the same years, income here lagged behind Ohio as a whole: +41% against +51%.
What was the median household income in Lorain County in 2023?
In 2023, the median household income in Lorain County, Ohio was $70,944, up 5% from $67,853 in 2022. The Ohio median that year was $69,792.
What was the median household income in Lorain County in 2020?
In 2020, the median household income in Lorain County, Ohio was $58,847. By 2024 it had risen 25% to $73,279.
What is the Gini coefficient in Lorain County, Ohio?
The Gini coefficient in Lorain County is 0.530. 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 Lorain County, Ohio?
Since 2009, the income gap between men and women in Lorain County, Ohio has narrowed from about 29% to 20% in 2024. Over that period the gap was narrowest at 19% in 2023. In dollar terms, the gap has narrowed by $328 since 2009.
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