HomeOhioLorain CountyLorain city
Lorain city, Ohio: commercial real estate data.
Lorain city is a Census city of 65,395 people across 23.61 square miles of land, in Lorain County. Median household income is $48,685, 57.1 percent of occupied homes are owned, and the SBA record carries 63 7(a) approvals to borrowers here worth $15.1 m.
81 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Lorain
What Lorain is
- Census place typecity
- Land area23.61 sq mi
- Water area0.47 sq mi
- Population per square mile of land2,770
- County holding the largest share of its areaLorain County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lorain
How many people live in Lorain
- Population65,395
- Median age39.8
- Population under 1815,376
- Share under 1823.5 percent
- Population 65 and over11,520
- Share 65 and over17.6 percent
- Households27,460
- Family households15,115
- Share of households that are families55.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lorain
Income and work in Lorain
- Median household income$48,685
- Per capita income$27,589
- Civilian labor force30,246
- Employed28,334
- Unemployed1,912 plus or minus 398
- Unemployment rate6.3 percent plus or minus 1.3
- Adults 25 and over44,232
- Adults 25 and over with a high school diploma or higher84.9 percent
- Adults 25 and over with a bachelor degree or higher14.8 percent
- Adults 25 and over with a graduate degree4.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lorain
Housing in Lorain
- Housing units30,624
- Occupied units27,460
- Vacant units3,164
- Vacancy rate10.3 percent
- Owner occupied15,681
- Renter occupied11,779
- Ownership rate57.1 percent
- Median owner-occupied home value$139,200
- Median gross rent, monthly$887
- Annual rent as a share of median income21.9 percent
- Single family units23,151
- Share single family75.6 percent
- Units in buildings of two or more7,304
- Share in buildings of two or more23.9 percent
- Mobile homes169 plus or minus 78
- Median year structure built1961
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lorain
How Lorain gets to work
- Workers 16 and over who commute25,701
- Commuting under 15 minutes6,677
- Share commuting under 15 minutes26.0 percent
- Commuting 30 minutes or more7,845
- Share commuting 30 minutes or more30.5 percent
- Drove alone79.6 percent
- Carpooled10.5 percent
- Public transport0.2 percent plus or minus 0.2
- Walked0.6 percent plus or minus 0.3
- Worked from home6.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lorain
SBA loans in Lorain (7(a))
- Approvals63
- Gross approval$15,055,700
- Average approval$238,979
- Median approval$50,000
- Ninetieth percentile approval$461,500
- Largest approval$3,214,000
- Jobs supported422
- Jobs per approval6.7
- Loans with a final outcome12
- Paid in full10
- Charged off2
- Charge-off rate over resolved loans16.7 percent
- Median term120 months
- Share on real estate terms of 20 years or more6.3 percent
- Share to franchises7.9 percent
- Distinct lenders9
- Distinct industries by NAICS32
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lorain
SBA loans in Lorain (504)
- Approvals7
- Gross approval$2,967,000
- Average approval$423,857
- Median approval$309,000
- Largest approval$1,210,000
- Jobs supported27
- Loans with a final outcome2
- Charged off1
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lorain
Flood risk in Lorain
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390351
- Currently effective map date03/09/21
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Lorain County, not Lorain
Lorain County context, not Lorain figures
These are Lorain County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lorain measurements.
- Establishments in Lorain County5,664
- Employment at those establishments, Lorain County89,159
- Covered employment, Lorain County98,291
- Average annual pay, Lorain County$55,721
- Average weekly wage, Lorain County$1,072
- Housing units permitted, Lorain County1,331
- Of those, single family, Lorain County1,091
- County product, 2024, Lorain County$15,028,762,000
- County product change over the prior year, Lorain County5.8 percent
- Average income of an arriving household, Lorain County$67,948
Every figure in this section is published for Lorain County as a whole and is not a measurement of Lorain. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lorain questions, answered from the record.
How many people live in Lorain, Ohio?
65,395, in 27,460 households. Lorain city covers 23.61 square miles of land, which is 2,770 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lorain in?
Lorain County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lorain?
$48,685. The median owner-occupied home is valued at $139,200. Median gross rent is $887 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lorain businesses?
63 7(a) approvals totalling $15.1 m, across 9 lenders, median approval $50,000, plus 7 504 approvals worth $3.0 m. These count approvals to borrowers whose address is in Lorain, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lorain borrowers get paid back?
Of the 12 loans that have reached a final outcome, 10 were paid in full and 2 charged off, a charge off rate of 16.7 percent. Loans still running are excluded because they have not yet succeeded or failed.
Is Lorain in the National Flood Insurance Program?
Yes. Lorain appears in the FEMA Community Status Book as community 390351, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lorain figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Lorain County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lorain.
Is zoning published for Lorain?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.