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Lakemore, OH

Full City Profile · Ohio · Summit County County

2.9 /5.0
C+ Fair
2,917 Population 2,012/sq mi density
$54,836 Median Income $31,677 per capita
$143,700 Home Value $249,762 Zillow
$1,073 Median Rent 22.2% income on rent
52°F Avg Temperature 275 sunny days/yr
260 Violent Crime/100K 3,212 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$54,836 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$143,700 home value, $1,073/mo rent
F
Safety
1.0 / 5.0
260 violent crimes/100K
D
Education
1.6 / 5.0
7.3% bachelor's degree or higher

Income Overview

Median Household Income
$54,836
27% below
US avg: $75,149
Per Capita Income
$31,677
19% below
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
1.4%
89% below
US avg: 12.4%

Income Comparison: Lakemore vs. U.S. Average

Each bar shows Lakemore’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$54,836
73%
Per Capita
US: $39,052
$31,677
81%
IRS Avg AGI
US: $72,000
$77,962
108%
Avg Weekly Wage
US: $1,432
$1,209
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,209
16% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
10.2%
33% below US avg (15.2%)
Drive Alone
84.4%
15% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$40,349M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 84.4%
Public Transit 0%
Work From Home 10.2%
Other 5.4%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
15,834
Restaurants
1,276
Healthcare
1,595
Retail
1,604
Manufacturing
730

Tax & Financial

IRS Avg Adjusted Gross Income
$77,962
8% above US avg ($72,000)
Avg Property Tax
$6,724
92% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$54,836
Per Capita Income$31,677
IRS Avg Adjusted Gross Income$77,962
Avg Weekly Wage$1,209
County GDP$40,349M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate1.4%
Gini Coefficient0.478
Cost of Living Index92.8

Commute

Mean Commute21 minutes
Drive Alone84.4%
Public Transit0.0%
Work From Home10.2%

Businesses

Total Establishments15,834
Restaurants1,276
Healthcare1,595
Retail1,604
Manufacturing730

Tax

IRS Avg AGI$77,962
Avg Property Tax$6,724