Chippewa Lake, OH

Chippewa Lake, OH

At a Glance

How Chippewa Lake Compares to the U.S. Average

Each bar shows Chippewa Lake's value as a percentage of the national average (100% = U.S. avg)

Is Chippewa Lake a Good Place to Live?

Economy & Jobs

Chippewa Lake residents earn a median household income of $81,542 , which is 9% above the national average of $75,149. Per capita income is $39,975. The unemployment rate stands at 2.1% (42% below the U.S. rate of 3.6%). 3.6% of residents live below the poverty line. The area is home to 5,238 business establishments, including 338 restaurants.

Housing & Cost of Living

The median home value in Chippewa Lake is $169,900 , 40% below the national median of $281,900. Zillow estimates the typical home at $220,471. Median rent is $1,135/month, with 26.1% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1954.

Education

22.0% of adults in Chippewa Lake hold a bachelor's degree or higher (35% below the national average). 96.6% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Chippewa Lake has an average annual temperature of 49°F (9°C). Winters average 25°F in January while summers reach 71°F in July. Annual precipitation totals 40.5 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

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