Zip Code

44053

City

Lorain, OH

Population & Migration

What is the forecasted population for Zip code 44053 Lorain, OH?

Population census 2020
19,634
Forecasted population 2025
21,795
11% vs. 2020
Forecasted population 2030
23,133
17.8% vs. 2020

Zip code 44053 Lorain, OH population is forecasted to grow 11% by 2025 (6.3 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 21,795 people for 2025 zip code 44053 Lorain, OH will generate a good demand for housing, which is expected to have a deficit of 1,554 houses for 2030. Vacancy rate is 2.8 points below national US average.

Total homes available 2020
8,718
Estimated total home demand in 2030
10,272
Total homes balance inventory
1,554

Average Household Income in zip code 44053 Lorain, OH
from Internal Revenue Service

Average household income in 2021
$69,242

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 44053 Lorain, OH?

County total number of drinking water violations

31

-86%

226

County total number of drinking water contaminations

7

-70%

23

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