HomeOhioLorain CountyLorain
Lorain, Ohio: commercial real estate data.
Lorain 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 since FY2020.
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$459,200
- Largest approval$3,214,000
- Jobs supported422
- Jobs per approval6.7
- Loans with a final outcome12
- Paid in full10
- Charged off2
- 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
Counted by borrower city: approvals to borrowers whose address is in Lorain, in any county, FY2020 to FY2026. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
Counted by borrower city: approvals to borrowers whose address is in Lorain, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lorain
Flood risk in Lorain
- NFIP communityCity of Lorain
- NFIP community number390351
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/09/21
The City of Lorain participates in the National Flood Insurance Program as community 390351 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Lorain County, not Lorain
Lorain County context, not Lorain figures
- Establishments in Lorain County5,664
- Covered employment, Lorain County98,291
- Average annual pay, Lorain County$55,721
- Housing units permitted, Lorain County1,331
Every figure in this section is published for Lorain County as a whole and is not a measurement of Lorain.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $15.1 m since FY2020, across 9 lenders, median approval $50,000, plus 7 504 approvals worth $3.0 m since FY2010. 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?
No rate is published for Lorain. Only 12 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lorain in the National Flood Insurance Program?
Yes. Lorain appears in the FEMA Community Status Book as Lorain, city of, 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 labeled 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?
No. Nothing on this page presents parcel level zoning.