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 Rate | 3.2% |
| Poverty Rate | 1.4% |
| Gini Coefficient | 0.478 |
| Cost of Living Index | 92.8 |
Commute
| Mean Commute | 21 minutes |
| Drive Alone | 84.4% |
| Public Transit | 0.0% |
| Work From Home | 10.2% |
Businesses
| Total Establishments | 15,834 |
| Restaurants | 1,276 |
| Healthcare | 1,595 |
| Retail | 1,604 |
| Manufacturing | 730 |
Tax
| IRS Avg AGI | $77,962 |
| Avg Property Tax | $6,724 |
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