Lorain, OH — income, home value, property tax, and sales tax.
In ZIP code 44054, near Lorain, households earn a median of $75,572 a year, with per-capita income at $41,598. That earnings level shapes how far each paycheck stretches. A median home valued at $184,400 carries an effective property tax rate of 1.37% at the county level, which works out to roughly $2,526 annually for a home at that price. Day-to-day purchases add a 6.50% combined sales tax. Together, these costs draw on income that sits above many parts of the state, though housing and taxes still claim a meaningful share of the annual budget.
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