Living in Lima, Ohio
Cost of living, income, home prices, rent and demographics of Lima · Census data 2020–2024
Lima has 35,010 residents with a median age of 36.8. The median household income is $46,240 (35% lower than the Ohio median), the median home value is $107,200, the median rent is $903/month.
Lima at a glance
- Population
- 35,010
- Median age
- 36.8State: 39.7
- Median household income
- $46,240State: $71,389
- Median home value
- $107,200State: $214,800
- Median rent
- $903/moState: $1,034
- Homeowners
- 45.6%
- Bachelor's degree or higher
- 12.8%
- Average commute
- 17 min
Is Lima a good place to live?
Pros: Home values 50% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 35% lower than the Ohio median; unemployment of 8.5%; a poverty rate of 23.9%.
The weather is best in June to September.
Cost of living in Lima
Housing is the biggest part of the cost of living. In Lima the median home value is $107,200, 68% lower than the U.S. median. Renters pay a median of $903 per month, which is 26.6% of household income. Homeowners with a mortgage pay $994 a month in housing costs.
Lima median household income
The median household income in Lima is $46,240 and the income per person is $24,787. 23.9% of residents live below the poverty line (Ohio: 13.3%).
Housing in Lima: homes for sale and rent
- Housing units
- 15,950
- Owner-occupied
- 45.6%
- Renter-occupied
- 54.4%
- Vacant
- 10.5%Includes seasonal homes
- Median year built
- 1955
- Average household size
- 2.32
Lima demographics
- Population
- 35,010
- Median age
- 36.8
- Under 18
- 23.1%
- 65 and older
- 16%
- Households
- 14,273
- Foreign-born
- 2.7%
- Veterans
- 7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lima ›
Education in Lima
12.8% of adults 25 and older in Lima have a bachelor's degree or higher (Ohio: 31.5%), and 4.6% have a graduate or professional degree.
Jobs and commute in Lima
- Unemployment rate
- 8.5%State: 4.8%
- Average commute
- 17 minState: 23 min
- Work from home
- 2.8%
- Drive alone
- 79.9%
- Public transit
- 1.2%
- Walk to work
- 1.3%
- Homes with broadband
- 87.9%
Lima vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lima | 35,010 | $46,240 | $107,200 | $903 |
| Fort Shawnee | 6,209 | $90,491 | $208,700 | $1,035 |
| Elida | 2,163 | $81,083 | $220,900 | $1,125 |
| Cairo | 581 | $83,125 | $114,500 | $1,023 |
| Cridersville | 1,801 | $55,221 | $144,300 | $876 |
| Westminster | 526 | $118,583 | $190,100 | — |
| Gomer | 148 | $70,000 | $165,400 | — |
| Lafayette | 293 | $53,125 | $121,300 | $647 |
| Beaverdam | 404 | $86,964 | $104,700 | $1,071 |
More for people moving to Lima
Lima ZIP code ›Weather and climate ›Living in Lima: FAQ
What is the median household income in Lima, OH?
The median household income in Lima is $46,240, 35% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lima?
The median home value in Lima is $107,200, compared with $214,800 in Ohio.
How much is rent in Lima?
The median gross rent in Lima is $903 per month, about 26.6% of household income.
Is Lima, OH a good place to live?
Pluses: home values 50% lower than the state median; an average commute of 17 minutes. Minuses: median household income 35% lower than the Ohio median; unemployment of 8.5%; a poverty rate of 23.9%.
What is the median age in Lima?
The median age in Lima is 36.8 years (Ohio: 39.7).
How long is the commute in Lima?
The average commute to work in Lima is 17 minutes; 2.8% of workers work from home.
What is the unemployment rate in Lima?
The unemployment rate in Lima is 8.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lima?
12.8% of adults in Lima have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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