ZIP Code 44053

In Lorain's 44053 ZIP code, median household income stands at $67,484, while the median home value is $206,300. At the county's 1.37% effective property tax rate, that home would generate roughly $2,826 in annual taxes, or about 4.2% of median household income. Per-capita income comes in at $34,958, so property taxes take a meaningful bite out of what individuals earn. Combined with a 6.50% sales tax rate, housing costs here reflect a market where values have climbed but earnings haven't kept pace evenly, making the tax load a real consideration for buyers weighing a purchase in this area.