HomeOhioLorain CountySheffield Lake
Sheffield Lake, Ohio: commercial real estate data.
Sheffield Lake is a Census city of 8,966 people across 2.49 square miles of land, in Lorain County. Median household income is $69,632, 68.1 percent of occupied homes are owned, and the SBA record carries 9 7(a) approvals to borrowers here worth $1.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Sheffield Lake
What Sheffield Lake is
- Census place typecity
- Land area2.49 sq mi
- Water area0 sq mi
- Population per square mile of land3,597
- 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.
Sheffield Lake
How many people live in Sheffield Lake
- Population8,966
- Median age44.3
- Population under 181,709
- Share under 1819.1 percent
- Population 65 and over1,819 plus or minus 398
- Share 65 and over20.3 percent plus or minus 4.4
- Households4,417
- Family households2,323
- Share of households that are families52.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sheffield Lake
Income and work in Sheffield Lake
- Median household income$69,632
- Per capita income$38,035
- Civilian labor force4,964
- Employed4,784
- Unemployed180 plus or minus 113
- Unemployment rate3.6 percent plus or minus 2.3
- Adults 25 and over6,722
- Adults 25 and over with a high school diploma or higher93.5 percent
- Adults 25 and over with a bachelor degree or higher18.2 percent plus or minus 4.1
- Adults 25 and over with a graduate degree5.0 percent plus or minus 2.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sheffield Lake
Housing in Sheffield Lake
- Housing units4,699
- Occupied units4,417
- Vacant units282 plus or minus 146
- Vacancy rate6.0 percent plus or minus 3.1
- Owner occupied3,009
- Renter occupied1,408 plus or minus 340
- Ownership rate68.1 percent
- Median owner-occupied home value$167,000
- Median gross rent, monthly$1,054
- Annual rent as a share of median income18.2 percent
- Single family units3,637
- Share single family77.4 percent
- Units in buildings of two or more1,062 plus or minus 323
- Share in buildings of two or more22.6 percent plus or minus 6.7
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sheffield Lake
How Sheffield Lake gets to work
- Workers 16 and over who commute4,420
- Commuting under 15 minutes1,008 plus or minus 258
- Share commuting under 15 minutes22.8 percent plus or minus 5.4
- Commuting 30 minutes or more1,818 plus or minus 379
- Share commuting 30 minutes or more41.1 percent
- Drove alone85.2 percent
- Carpooled6.6 percent plus or minus 3.5
- Public transport0.0 percent
- Walked0.8 percent plus or minus 0.8
- Worked from home6.8 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Sheffield Lake
SBA loans in Sheffield Lake (7(a))
- Approvals9
- Gross approval$1,216,000
- Average approval$135,111
- Median approval$50,000
- Largest approval$479,000
- Jobs supported81
- Jobs per approval9.0
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises55.6 percent
- Distinct lenders3
- Distinct industries by NAICS6
Counted by borrower city: approvals to borrowers whose address is in Sheffield Lake, in any county, FY2020 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, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Sheffield Lake
Flood risk in Sheffield Lake
- NFIP communityCity of Sheffield Lake
- NFIP community number390355
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date03/09/21
The City of Sheffield Lake participates in the National Flood Insurance Program as community 390355 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 Sheffield Lake
Lorain County context, not Sheffield Lake 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 Sheffield Lake.
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
Sheffield Lake questions, answered from the record.
How many people live in Sheffield Lake, Ohio?
8,966, in 4,417 households. Sheffield Lake city covers 2.49 square miles of land, which is 3,597 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Sheffield Lake 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 Sheffield Lake?
$69,632. The median owner-occupied home is valued at $167,000. Median gross rent is $1,054 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Sheffield Lake businesses?
9 7(a) approvals totaling $1.2 m since FY2020, across 3 lenders, median approval $50,000. These count approvals to borrowers whose address is in Sheffield Lake, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Sheffield Lake borrowers get paid back?
No rate is published for Sheffield Lake. Only 2 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 Sheffield Lake in the National Flood Insurance Program?
Yes. Sheffield Lake appears in the FEMA Community Status Book as Sheffield Lake, city of, community 390355, 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 Sheffield Lake 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 Sheffield Lake.
Is zoning published for Sheffield Lake?
No. Nothing on this page presents parcel level zoning.