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Chippewa Lake, OH
Full City Profile · Ohio · Medina County County
3.3
/5.0
B
Good
671
Population
2,684/sq mi density
$81,542
Median Income
$39,975 per capita
$169,900
Home Value
$206,982 Zillow
$1,135
Median Rent
26.1% income on rent
49°F
Avg Temperature
275 sunny days/yr
79
Violent Crime/100K
1,465 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,542 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$169,900 home value, $1,135/mo rent
F
Safety
1.0 / 5.0
79 violent crimes/100K
C+
Education
2.8 / 5.0
22.0% bachelor's degree or higher
Housing Overview
Median Home Value
$169,900
40% below
US avg: $281,900
Median Rent
$1,135/mo
2% below
US avg: $1,163/mo
Homeownership Rate
81.6%
25% above US avg (65.4%)
Total Housing Units
411
Median year built: 1954
Home Value by Source
Census Median
$169,900
Zillow (ZHVI)
$206,982
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.6%
Owner-Occupied
18.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$1,135/mo
Affordability & Housing Stock
Rent Burden
26.1%
of renters spending 30%+ of income on housing
16% below US avg (31.0%)
Median Year Built
1954
Average age of housing stock: 72 years
Homeownership Rate
81.6%
Complete Housing Data
Home Values
| Census Median Value | $169,900 |
| Zillow Home Value (ZHVI) | $206,982 |
Rent
| Census Median Rent | $1,135 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
Ownership & Stock
| Owner-Occupied | 81.6% |
| Renter-Occupied | 18.4% |
| Homeownership Rate | 81.6% |
| Total Housing Units | 411 |
| Median Year Built | 1954 |
| Rent Burden | 26.1% |