Living in Mentor-on-the-Lake, Ohio
Cost of living, income, home prices, rent and demographics of Mentor-on-the-Lake · Census data 2020–2024
Mentor-on-the-Lake has 7,111 residents with a median age of 44.4. The median household income is $67,188 (6% lower than the Ohio median), the median home value is $188,500, the median rent is $1,062/month.
Mentor-on-the-Lake at a glance
- Population
- 7,111
- Median age
- 44.4State: 39.7
- Median household income
- $67,188State: $71,389
- Median home value
- $188,500State: $214,800
- Median rent
- $1,062/moState: $1,034
- Homeowners
- 61.9%
- Bachelor's degree or higher
- 24.7%
- Average commute
- 21 min
Is Mentor-on-the-Lake a good place to live?
Pros: Home values 12% lower than the state median; an average commute of 21 minutes; unemployment of 1.9%; a poverty rate of 8.5%.
Cons: Median household income 6% lower than the Ohio median.
The weather is best in June to September.
Cost of living in Mentor-on-the-Lake
Housing is the biggest part of the cost of living. In Mentor-on-the-Lake the median home value is $188,500, 43% lower than the U.S. median. Renters pay a median of $1,062 per month, which is 19.9% of household income. Homeowners with a mortgage pay $1,350 a month in housing costs.
Mentor-on-the-Lake median household income
The median household income in Mentor-on-the-Lake is $67,188 and the income per person is $43,290. 8.5% of residents live below the poverty line (Ohio: 13.3%).
Housing in Mentor-on-the-Lake: homes for sale and rent
- Housing units
- 3,780
- Owner-occupied
- 61.9%
- Renter-occupied
- 38.1%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 1.94
Mentor-on-the-Lake demographics
- Population
- 7,111
- Median age
- 44.4
- Under 18
- 16.4%
- 65 and older
- 19.6%
- Households
- 3,648
- Foreign-born
- 4.1%
- Veterans
- 8%Adults 18+
Hispanic or Latino can be of any race. Population history of Mentor-on-the-Lake ›
Education in Mentor-on-the-Lake
24.7% of adults 25 and older in Mentor-on-the-Lake have a bachelor's degree or higher (Ohio: 31.5%), and 6.6% have a graduate or professional degree.
Jobs and commute in Mentor-on-the-Lake
- Unemployment rate
- 1.9%State: 4.8%
- Average commute
- 21 minState: 23 min
- Work from home
- 8%
- Drive alone
- 84.2%
- Public transit
- 0%
- Walk to work
- 2%
- Homes with broadband
- 96.6%
Mentor-on-the-Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Mentor-on-the-Lake | 7,111 | $67,188 | $188,500 | $1,062 |
| Mentor | 47,171 | $88,949 | $247,700 | $1,239 |
| Grand River | 625 | $78,947 | $162,500 | $1,063 |
| Fairport Harbor | 3,089 | $52,308 | $147,500 | $974 |
| Timberlake | 573 | $81,375 | $227,100 | $1,125 |
| Eastlake | 17,493 | $62,072 | $172,100 | $973 |
| Painesville | 20,548 | $51,516 | $158,800 | $1,036 |
| Willoughby | 24,046 | $71,309 | $216,900 | $1,171 |
| Kirtland Hills | 639 | $239,688 | $752,800 | — |
More for people moving to Mentor-on-the-Lake
Mentor-on-the-Lake ZIP code ›Weather and climate ›Living in Mentor-on-the-Lake: FAQ
What is the median household income in Mentor-on-the-Lake, OH?
The median household income in Mentor-on-the-Lake is $67,188, 6% 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 Mentor-on-the-Lake?
The median home value in Mentor-on-the-Lake is $188,500, compared with $214,800 in Ohio.
How much is rent in Mentor-on-the-Lake?
The median gross rent in Mentor-on-the-Lake is $1,062 per month, about 19.9% of household income.
Is Mentor-on-the-Lake, OH a good place to live?
Pluses: home values 12% lower than the state median; an average commute of 21 minutes; unemployment of 1.9%; a poverty rate of 8.5%. Minuses: median household income 6% lower than the Ohio median.
What is the median age in Mentor-on-the-Lake?
The median age in Mentor-on-the-Lake is 44.4 years (Ohio: 39.7).
How long is the commute in Mentor-on-the-Lake?
The average commute to work in Mentor-on-the-Lake is 21 minutes; 8% of workers work from home.
What is the unemployment rate in Mentor-on-the-Lake?
The unemployment rate in Mentor-on-the-Lake is 1.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Mentor-on-the-Lake?
24.7% of adults in Mentor-on-the-Lake 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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