Chardon Ohio City Guide

Of Chardon’s over 5,000 residents, 45.5% are male and 54.5% are female. The majority of the population is aged 35 to 54 at 28%, while those who are 65 years old and above comprise 20%. The median age is 44 years.

Since 2010, Chardon’s population has declined by -0.21%. The population is shrinking at an annual rate of -0.03%.

Chardon covers more than 5 miles with around 1,132 people per square mile.

White residents make up the majority of Chardon’s population at 96%. This is followed by African American residents who account for 2.8%. 1% of the city’s population is biracial. The other ancestries of people living in Chardon include English, Polish, German, Irish, and Italian.

English is the most widely spoken language at 95.7%. 1.2% speak Russian, Polish, or other Slavic languages, while 1.7% speak other unspecified languages.

Of the adults aged 25 and above in Chardon, 94% are high school graduates. Over 2,300 or 65% of residents have pursued four-year degree programs, and around 28% have earned college degrees.

700 or 27.8% hold a bachelor’s degree, more than 400 or 12% have an associate degree, and more than 300 or 9.3% finished graduate or professional degrees.

Real estate prices in Chardon near national averages, and while past trends are below averages, future estimates hold promise.

With a median property value of $190K, the majority of real estate at 50.4% is priced between $111K-$221K. From there, 28.4% of properties range from $221K-$332K. 4.7% are valued between $332K-$443K, and 2.9% of properties are valued from $443K-$554K. Additionally, 13.6% of real estate is valued under $111K.

As for measurable rates, the average annual home appreciation rate between October 2009 and October 2019 was -0.15%, which was below 80% of comparable neighborhoods across the United States.

However, a recent uptick between October 2018 and October 2019 indicate that Chardon’s appreciation rate was above the national average, seeing as the rate was 2.80%. Relative to Ohio, this number is above 40% of neighborhoods in the state.

Out of about 2,300 housing options in Chardon, 54.9% of properties are owner-occupied while 45.1% are rented. Vacant housing makes up the remaining 3.9%.

63.4% of Chardon housing options are single family detached homes, while 23.5% of residences are apartment complexes. From there, 11% are smaller apartment buildings, and 2.1% of properties are condominiums.

37% of the housing market was built between 1940 and 1969, and 36.9% of residences were built from 1970 to 1999. Since 20.4% of housing options were built in or before 1939, a good portion of options have long histories. On the other side of the spectrum, 5.8% of properties were built in 2000 or later.

16.9% of residences have 1 bedroom, while 22.5% have 2 bedrooms. 37.1% are 3 bedroom properties, while 21.1% of housing options have 4 or more bedrooms.

Nearly 3,000 employees make up Chardon’s workforce. White-collar workers represent the majority of those employed at 84%, with many holding positions in management and sales jobs.

Only 1.2% of the population is unemployed, and the poverty rate tracks at 10%.

The estimated median household income in the city is higher than the US average by 21% at $67,944. A resident in Chardon earns a yearly income that averages $59,918. The per capita income in the area is $35,038.