Living in Sheffield Lake, Ohio
Cost of living, income, home prices, rent and demographics of Sheffield Lake · Census data 2020–2024
Sheffield Lake has 8,966 residents with a median age of 44.3. The median household income is $69,632 (about the same as the Ohio median), the median home value is $167,000, the median rent is $1,054/month.
Sheffield Lake at a glance
- Population
- 8,966
- Median age
- 44.3State: 39.7
- Median household income
- $69,632State: $71,389
- Median home value
- $167,000State: $214,800
- Median rent
- $1,054/moState: $1,034
- Homeowners
- 68.1%
- Bachelor's degree or higher
- 18.2%
- Average commute
- 27 min
Is Sheffield Lake a good place to live?
Pros: Home values 22% lower than the state median; unemployment of 3.6%.
Cons: Median household income about the same as the Ohio median; an average commute of 27 minutes; a poverty rate of 14.8%.
The weather is best in May–June and August–September.
Cost of living in Sheffield Lake
Housing is the biggest part of the cost of living. In Sheffield Lake the median home value is $167,000, 50% lower than the U.S. median. Renters pay a median of $1,054 per month, which is 22.2% of household income. Homeowners with a mortgage pay $1,239 a month in housing costs.
Sheffield Lake median household income
The median household income in Sheffield Lake is $69,632 and the income per person is $38,035. 14.8% of residents live below the poverty line (Ohio: 13.3%).
Housing in Sheffield Lake: homes for sale and rent
- Housing units
- 4,699
- Owner-occupied
- 68.1%
- Renter-occupied
- 31.9%
- Vacant
- 6%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.03
Sheffield Lake demographics
- Population
- 8,966
- Median age
- 44.3
- Under 18
- 19.1%
- 65 and older
- 20.3%
- Households
- 4,417
- Foreign-born
- 2.2%
- Veterans
- 8.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Sheffield Lake ›
Education in Sheffield Lake
18.2% of adults 25 and older in Sheffield Lake have a bachelor's degree or higher (Ohio: 31.5%), and 5% have a graduate or professional degree.
Jobs and commute in Sheffield Lake
- Unemployment rate
- 3.6%State: 4.8%
- Average commute
- 27 minState: 23 min
- Work from home
- 6.8%
- Drive alone
- 85.2%
- Public transit
- 0%
- Walk to work
- 0.8%
- Homes with broadband
- 89.6%
Sheffield Lake vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Sheffield Lake | 8,966 | $69,632 | $167,000 | $1,054 |
| Sheffield | 4,380 | $107,837 | $292,700 | $1,806 |
| Avon Lake | 25,752 | $115,567 | $368,300 | $1,537 |
| Lorain | 65,395 | $48,685 | $139,200 | $887 |
| Avon | 25,317 | $135,915 | $395,900 | $1,796 |
| Elyria | 53,035 | $54,945 | $156,100 | $906 |
| North Ridgeville | 36,627 | $96,698 | $270,100 | $1,116 |
| Bay Village | 15,984 | $132,254 | $353,000 | $894 |
| Amherst | 12,906 | $90,725 | $239,200 | $906 |
More for people moving to Sheffield Lake
Sheffield Lake ZIP code ›Weather and climate ›Living in Sheffield Lake: FAQ
What is the median household income in Sheffield Lake, OH?
The median household income in Sheffield Lake is $69,632, about the same as 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 Sheffield Lake?
The median home value in Sheffield Lake is $167,000, compared with $214,800 in Ohio.
How much is rent in Sheffield Lake?
The median gross rent in Sheffield Lake is $1,054 per month, about 22.2% of household income.
Is Sheffield Lake, OH a good place to live?
Pluses: home values 22% lower than the state median; unemployment of 3.6%. Minuses: median household income about the same as the Ohio median; an average commute of 27 minutes; a poverty rate of 14.8%.
What is the median age in Sheffield Lake?
The median age in Sheffield Lake is 44.3 years (Ohio: 39.7).
How long is the commute in Sheffield Lake?
The average commute to work in Sheffield Lake is 27 minutes; 6.8% of workers work from home.
What is the unemployment rate in Sheffield Lake?
The unemployment rate in Sheffield Lake is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Sheffield Lake?
18.2% of adults in Sheffield 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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