Avon Lake Ohio City Guide

Avon Lake is home to a wide range of residents. Based on recent trends, the city’s annual growth rate is 1.14%. To give an idea of how much the city has grown, Avon Lake’s population of 21,882 in 2010 grew to almost 23,800 in 2018. This puts the city’s 10 year growth rate at 7.97%.

An estimated 51.57% of Avon Lake’s population is female, and 48.43% of residents are male.

The median resident age in Avon Lake is 44. Roughly 30% of residents are 18 or under, and there is a small number of residents aged 20-34. About 30% of residents are between 35-54.

Almost 96% of Avon Lake’s population is White alone, and 1.55 of the city’s residents are biracial or multiracial. 1.1% of the population is of Asian descent.

As is common in Ohio, English is the most common language among Avon Lake residents. Specifically, 94.5% of residents only speak English. Another 1.7% of residents speak Spanish, and 1.4% of the population speaks another Indo-European language.

Roughly 4% of Avon Lake residents were born in another country, which tracks slightly under Ohio’s average of 4.5% and the U.S. average of 13.5%.

Avon Lake contains 5 public elementary schools, 2 public middle schools, and 1 public high school campus. This means students of all grade levels can enjoy short commutes to local educational facilities.

For quick reference, 96.5% of Avon Lake residents are high school graduates, which tracks over both statewide and national rates. 18.9% of Avon Lake’s population has some level of a college education.

Another 9.1% of Avon Lake residents have an associate’s degree, and 29.4% have a bachelor’s degree. Meanwhile, 21% of the city’s population has a graduate degree or another professional degree.

Between October 2009 and October 2019, appreciation rates trended above average. At 25.73%, the cumulative appreciation rate was among the top 40% across the United States.

Between October 2018 and October 2019, Avon Lake’s appreciation rate trended above the national average, seeing as the number came in at 3.53%. At present, the appreciation rate is expected to annualize at 10.38%.

Avon Lake’s real estate market is mostly made up of properties between $121K and $243K, seeing as 32.2% of properties are valued between these price points. Additionally, 27.4% of properties are worth between $243K-$364K, and 18.1% range between $364K-$486K.

More expensive properties can also be found, seeing as 10.2% of real estate is priced between $486-$911K. High valued homes worth at or above the 1 million mark are also within Avon Lake’s borders. On the other end of the spectrum, 10.5% of properties are worth under $121K.

There are around 9,300 housing options in Avon Lake. This number can be broken down into 71.9% of options being single family type properties, while 10.1% are condominiums. 14.6% of properties are apartment complexes, and 2.5% of options are smaller apartment buildings.

With 30.7% of properties having been built in 2000 or later years, Avon Lake has a large number of newer residences. Additionally, 41.9% of properties were constructed between 1970 and 1999. Older houses built between 1940 and 1969 comprise about 24.1% of housing options, and just 3.3% of residences were built in 1939 or earlier years.

Only 5.6% of housing options have 1 bedroom. Meanwhile, 23% of properties have 2 bedrooms, and 34.4% of residences have 3 bedrooms. 32.4% are 4 bedroom properties, and 4.5% have 5 or more bedrooms. This information indicates that there’s a high number of larger residences compared to single-person properties.

Avon Lake’s median household household income is over $87K, which compares favorably to Ohio’s median of $54K. The city’s per capita income is roughly $45K, with the average salary being $94K.

1.8% of residents earn less than $15K per year, and about 6% earn between $15K-$25K per year. 7.3% of residents earn between $25K-$35K, while 12.1% make between $35K-$50K. Another 25% of residents earn between $50K-$75K annually. Over 15% of residents earn between $75K-$100K, while 30% make over $100K each year.

Avon Lake’s unemployment rate of 2.5% tracks under statewide and national averages. The city’s overall poverty rate is 4.7%.