County profile
Lorain County, OH
United States · GDP 2024
#326 of 3,127 US counties by GDP66th-percentile growthmore diversified than 81% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$15.0B
BEA · 2024
GDP growth (YoY)
+5.8%
BEA · 2024
Jobs tracked
89,159
Census CBP · 2023
Employers
5,664
Census CBP · 2023
Avg. wage
$53.4k
BLS QCEW · 2023
Population
323,219
Census PEP · 2025
Labor, income & education
Unemployment
3.7%
Median HH income
$73.3k±$1.5k
Bachelor's degree+
28.5%±0.8%
Poverty rate
12.1%±0.7%
Business applications
3,549 · 2025
Retail establishments
779
24.3/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Avient CorporationBasic Materials$3.3B74BHQ-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
Health care25%
Manufacturing24%
Retail trade21%
Food & accommodation15%
Admin & support8%
Wholesale trade7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
323,219
residents · 2025 · +3.1% since 2020
Income per capita $61.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+10,628
International migration+1,852
Natural change−3,022
GDP trend
2019–2024 · nominal
$11.4B2019
$11.1B2020
$12.3B2021
$13.1B2022
$14.2B2023
$15.0B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$223.2k±$3.7k
Median gross rent
$966/mo±$21/mo
Vacancy rate
6.6%±0.6%
Affordability
4.2× wages
Residential permits
$353.8M
1,082 units · 3.3/1k pop
FEMA risk score
86.3
HUD Fair Market Rent (2BR):$1.3k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 93Ice storm 92Hail 91
FHFA HOUSE PRICE INDEX · 2016–2025
3272016
3442017
3612018
3772019
3942020
4382021
4952022
5412023
5812024
6142025
RESIDENTIAL PERMITS · 2021–2025
↓ -4% since 20211,1272021
1,0712022
9502023
1,3312024
1,0822025
Transport access
BTS · FAA · USACE
Nearest interstate
10.3 km
I-90
Nearest freight rail
4.8 km
CSXT
Nearest port
18.3 km
TERMINAL READY-MIX INC
Nearest commercial airport
27.8 km
CLEVELAND-HOPKINS INTL
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$53.4k
avg. annual pay · +21% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Lorain?
Lorain's economy produced $15.0B in 2024, growing 5.8% year over year — faster than most US counties. Its largest employment sector is health care.
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.