Economy & Jobs — Lorain, Ohio

Income & Employment

Median Household Income (Census)$48,685
Estimated 2026~$52,200
Per Capita Income$26,583
Poverty Rate25.2%
Unemployment Rate6.3%
In Labor Force29,038

Top Industries

IndustryShare
Education Healthcare24.6%
Manufacturing17.3%
Retail14.9%

Local Businesses (County)

TypeCount
Fast Food222
Full Service Restaurants168
Physician Offices122
Insurance Agencies105
Dental Offices99
Beauty Salons82
Gas Stations79
Law Offices77
Auto Repair69
Child Day Care69
Real Estate Offices62
General Merchandise60
Grocery Stores51
Commercial Banks51
Coffee Shops42
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.