Lorain, OH — income, home value, property tax, and sales tax.
In ZIP code 44012, near Lorain, households earn a median of $115,567, with per-capita income at $64,938. A median home value of $368,300 pairs with a county property tax rate of 1.37%, which works out to roughly $5,046 annually before any exemptions. Sales tax in the area totals 6.50%, applied to everyday purchases. Together, these figures sketch a community where incomes run well above the home values relative to many places, though the property tax rate still takes a meaningful bite each year.
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