Lake County, Ohio

Income Data

+14% vs. Ohio average
$77,952
Median Household Income
$43,197
Per Capita Income

At a Glance

Median Household Income
$77,952
+14% vs. state avg
Per Capita Income
$43,197
+9% vs. national
Income-to-Housing Ratio
39.0%
income as % of home value
Rank in Ohio
#15 / 88
by median household income

How Lake County Compares

Lake County$77,952
Ohio Average$68,101
National Median$74,755

Detailed Income Statistics

$77,952
Median Household Income
$43,197
Per Capita Income
$199,900
Median Home Value
39.0%
Income-to-Housing Ratio

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

What is the median household income in Lake County, Ohio?
The median household income in Lake County, Ohio is $77,952, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Lake County?
The per capita income in Lake County is $43,197, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $77,952.
How does Lake County compare to the Ohio average?
Lake County's median household income of $77,952 is higher than the Ohio state average of $68,101. The per capita income is $43,197, compared to the state average of $35,642.
What is the per capita income in Lake County, Ohio?
The per capita income in Lake County, Ohio is $43,197, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Lake County income higher than the Ohio average?
Lake County's median household income of $77,952 is higher than the Ohio average of $68,101. This difference of $9,851 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Lake County rank for income in Ohio?
Lake County ranks #15 out of 88 counties in Ohio by median household income (1 = highest). With a median household income of $77,952 and per capita income of $43,197, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Lake County

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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%

vs. Lake County MedianAbout equal
vs. Ohio Average14% above
vs. National Median4% above

Income Adequacy

Monthly income covers median rent6.1x

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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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.