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Lake County, OH&

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Population
229,266
0.07% decline
Median Age
43.3
Median Household Income
$59,958
3.32% growth
Poverty Rate
8.51%
Number of Employees
117,498
0.09% growth
Median Property Value
$149,300
0.95% growth

Economy

The economy of Lake County, OH employs 117,498 people. The economy of Lake County, OH is specialized in Management of Companies & Enterprises; Manufacturing; and Finance & Insurance, which employ respectively 2.34; 1.92; and 1.31 times more people than what would be expected in a location of this size. The largest industries in Lake County, OH are Manufacturing (23,387), Healthcare & Social Assistance (18,162), and Retail trade (12,411), and the highest paying industries are Management of Companies & Enterprises ($80,167), Utilities ($73,341), and Mining, Quarrying, Oil, Gas Extraction ($70,500).

Median household income in Lake County, OH is $59,958. Males in Lake County, OH have an average income that is 1.35 times higher than the average income of females, which is $45,287. The income inequality of Lake County, OH (measured using the Gini index) is 0.466 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake County, OH. In Lake County, OH the age groups most likely to have health care coverage are 55-64 and 55-64, men and women, respectively. The location has a 1 to 46 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $10,425. Mahoning County, OH has the highest prevalence of homicides of any county in Ohio.

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Diversity

Lake County, OH is home to a population of 229,266 people, from which 97.7% are citizens. The ethnic composition of the population of Lake County, OH is composed of 205,230 White residents (89.5%), 9,018 Hispanic residents (3.93%), 8,424 Black residents (3.67%), 3,283 Two+ residents (1.43%), and 2,885 Asian residents (1.26%). The most common foreign languages in Lake County, OH are Spanish (6,348 speakers), Serbo-Croatian (2,734 speakers), and Italian (875 speakers), but compared to other places, Lake County, OH has a relative high number of Serbo-Croatian (2,734 speakers), Hungarian (220 speakers), and Other Slavic (675 speakers).

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Race & Ethnicity

Non-English Speakers

Military

Veterans

Education

In 2015 universities in Lake County, OH awarded 2,232 degrees. The student population of Lake County, OH is skewed towards females, with 835 male students and 1,397 female students. Most students in Lake County, OH are White (1,753 and 78.5%), followed by Black or African American (282 and 12.6%), Unknown (68 and 3.05%), and Hispanic or Latino (47 and 2.11%). The largest universities in Lake County, OH by number of graduates are Lakeland Community College (1,282 and 57.4%), Lake Erie College (236 and 10.6%), and Auburn Career Center (223 and 10%). The most popular majors in Lake County, OH are Liberal Arts & Sciences (527 and 23.6%), Registered Nursing (158 and 7.08%), and General Business Administration & Management (57 and 2.55%). The median tuition costs in Lake County, OH are N/A for private four year colleges, and $28,568 and $28,568 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Lake County, OH is $149,300, which is 0.73 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $147,900 to $149,300, a 0.95% increase. The homeownership rate of Lake County, OH is 73.8%, which is higher than the national average of 63.6%. People in Lake County, OH have an average commute time of 22.5 minutes, and they commute by Drove Alone. Car ownership in Lake County, OH is approximately the same as the national average, with an average of 2 cars per household.

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