Places/OH/Lake County, OH
County profile

Lake County, OH

United States · GDP 2024
#317 of 3,127 US counties by GDP61st-percentile growthmore diversified than 75% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$15.7B
BEA · 2024
GDP growth (YoY)
+5.3%
BEA · 2024
Jobs tracked
87,115
Census CBP · 2023
Employers
5,504
Census CBP · 2023
Avg. wage
$56.9k
BLS QCEW · 2023
Population
232,217
Census PEP · 2025
Labor, income & education
Unemployment
3.2%
Median HH income
$80.9k±$2.1k
Bachelor's degree+
31.6%±1.1%
Poverty rate
8.3%±0.8%
Business applications
2,716 · 2025
Retail establishments
723
31.1/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Avery Dennison CorporationConsumer Cyclical$8.9B78B+2STERIS plcHealthcare$5.9B76B+

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing31%
Retail trade19%
Health care18%
Food & accommodation15%
Admin & support10%
Management7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
232,217
residents · 2025 · -0.1% since 2020
Income per capita $66.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,935
International migration+1,791
Natural change4,003

GDP trend

20192024 · nominal
$12.1B
2019
$12.0B
2020
$13.1B
2021
$14.0B
2022
$14.9B
2023
$15.7B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$214.1k±$3.8k
Median gross rent
$1.1k/mo±$21/mo
Vacancy rate
4.9%±0.6%
Affordability
3.8× wages
Residential permits
$132.7M
426 units · 1.8/1k pop
FEMA risk score
77.4
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 95Strong wind 85Ice storm 80
FHFA HOUSE PRICE INDEX · 20162025
342
2016
351
2017
365
2018
381
2019
399
2020
437
2021
484
2022
517
2023
559
2024
587
2025
RESIDENTIAL PERMITS · 20212025
-45% since 2021
775
2021
524
2022
435
2023
428
2024
426
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.2 km
I-90
Nearest freight rail
1.9 km
NS
Nearest port
6.6 km
Osborne Concrete & Stone Co., Fairport Harbor Dock.
Nearest commercial airport
42.1 km
BURKE LAKEFRONT
Filing activity
SEC EDGAR

5 filings from 2 companies here in the last 90 days.

Wage trend
BLS QCEW · 20192023
$56.9k
avg. annual pay · +19% since 2019
The read

What is the GDP of Lake?

Lake's economy produced $15.7B in 2024, growing 5.3% year over yearfaster than most US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.