Lake County, Ohio
Income Data
At a Glance
How Lake County Compares
Detailed Income Statistics
Data Story
About Household Income in Lake County, Ohio
Lake County exceeds national income
Lake County's median household income of $77,952 surpasses the national median of $74,755 by $3,197, placing the county in the nation's upper-middle tier. This 4% premium reflects a stronger-than-average regional economy.
Top third of Ohio counties
Lake ranks among Ohio's 20 richest counties, outearning the state median of $68,101 by nearly 15%. Per capita income of $43,197 exceeds the state average by 21%, showing wealth is broadly distributed across households.
Leads Northeast Ohio cluster
Lake County pulls ahead of Cuyahoga ($67,000) and Lorain ($70,693), solidifying its position as the prosperity leader in greater Cleveland's ring counties. Only Licking County ($81,033) and Summit County surpass it in the state.
Housing costs are balanced
Lake's 16.5% rent-to-income ratio leaves households with ample discretionary income, comfortably below the 17% threshold. Median home value of $199,900 is reasonable relative to the county's strong earning power.
Lake County: invest for the future
Above-average income and modest housing costs create an ideal platform for aggressive saving and investing. Lake residents should maximize 529 college funds, explore real estate investments, and target tax-advantaged retirement accounts to accelerate wealth accumulation.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Lake County median
County median: $77,952 per year
vs. County Median
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vs. State Average
+14%
vs. National Median
+4%
Income Adequacy
Your monthly income ($6,496) vs. median rent ($1,073/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.