Living in Lorain, Pennsylvania
Cost of living, income, home prices, rent and demographics of Lorain · Census data 2020–2024
Lorain has 594 residents with a median age of 44.9. The median household income is $53,382 (32% lower than the Pennsylvania median), the median home value is $61,500, the median rent is $858/month.
Lorain is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lorain at a glance
- Population
- 594
- Median age
- 44.9State: 40.9
- Median household income
- $53,382State: $77,971
- Median home value
- $61,500State: $254,500
- Median rent
- $858/moState: $1,209
- Homeowners
- 83.1%
- Bachelor's degree or higher
- 10.4%
- Average commute
- 18 min
Is Lorain a good place to live?
Pros: Home values 76% lower than the state median; an average commute of 18 minutes; unemployment of 4.6%.
Cons: Median household income 32% lower than the Pennsylvania median; a poverty rate of 17.3%.
The weather is best in June to September.
Cost of living in Lorain
Housing is the biggest part of the cost of living. In Lorain the median home value is $61,500, 82% lower than the U.S. median. Renters pay a median of $858 per month, which is 23.8% of household income. Homeowners with a mortgage pay $875 a month in housing costs.
Lorain median household income
The median household income in Lorain is $53,382 and the income per person is $26,273. 17.3% of residents live below the poverty line (Pennsylvania: 11.7%).
Housing in Lorain: homes for sale and rent
- Housing units
- 352
- Owner-occupied
- 83.1%
- Renter-occupied
- 16.9%
- Vacant
- 19.3%Includes seasonal homes
- Median year built
- 1949
- Average household size
- 2.09
Lorain demographics
- Population
- 594
- Median age
- 44.9
- Under 18
- 17.2%
- 65 and older
- 22.1%
- Households
- 284
- Foreign-born
- 1.7%
- Veterans
- 7.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Lorain ›
Education in Lorain
10.4% of adults 25 and older in Lorain have a bachelor's degree or higher (Pennsylvania: 35.2%), and 5.6% have a graduate or professional degree.
Jobs and commute in Lorain
- Unemployment rate
- 4.6%State: 5.3%
- Average commute
- 18 minState: 26 min
- Work from home
- 10.6%
- Drive alone
- 74.3%
- Public transit
- 0%
- Walk to work
- 1.1%
- Homes with broadband
- 87.3%
Lorain vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lorain | 594 | $53,382 | $61,500 | $858 |
| Oakland | 1,627 | $61,483 | $99,100 | $770 |
| Belmont | 2,618 | $69,146 | $144,900 | $706 |
| Dale | 1,281 | $37,813 | $43,200 | $550 |
| Geistown | 2,507 | $63,958 | $154,700 | $773 |
| Ferndale | 1,517 | $56,625 | $83,300 | $845 |
| Stonycreek | 2,705 | $54,648 | $100,900 | $729 |
| Riverside | 267 | $54,479 | $110,200 | $1,065 |
| Daisytown | 277 | $68,036 | $86,900 | $532 |
More for people moving to Lorain
Lorain ZIP code ›Weather and climate ›Living in Lorain: FAQ
What is the median household income in Lorain, PA?
The median household income in Lorain is $53,382, 32% lower than the Pennsylvania median of $77,971 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lorain?
The median home value in Lorain is $61,500, compared with $254,500 in Pennsylvania.
How much is rent in Lorain?
The median gross rent in Lorain is $858 per month, about 23.8% of household income.
Is Lorain, PA a good place to live?
Pluses: home values 76% lower than the state median; an average commute of 18 minutes; unemployment of 4.6%. Minuses: median household income 32% lower than the Pennsylvania median; a poverty rate of 17.3%.
What is the median age in Lorain?
The median age in Lorain is 44.9 years (Pennsylvania: 40.9).
How long is the commute in Lorain?
The average commute to work in Lorain is 18 minutes; 10.6% of workers work from home.
What is the unemployment rate in Lorain?
The unemployment rate in Lorain is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lorain?
10.4% of adults in Lorain 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.
Last updated: