Mentor Ohio City Guide

Mentor’s population is roughly 47,000. A reported 24,355 residents are female, which equals 51.75% of the city’s population. Another 22,707 residents are male, which accounts for 48.25% of Mentor’s population.

Mentor’s population declined from 47,637 in 2010 to 46,896 in 2016. Between 2016-2018, the city saw an increase in its population growth to over 47,000.

The city’s median resident age is 48, which is notably higher than Ohio’s average. Over 25% of Mentor residents are between 35 and 54 years of age, while around 15% are between 55 and 64. Additionally, another 25% of the city’s population is 65 and over.

Mentor’s population is largely White, seeing as 96.1% of residents are White alone. Another 1.6% of residents identify as Asian, and 1.1% of residents are biracial or multiracial.

94.1% of people living in Mentor only speak English. Another 2.1% of the population is fluent in either Russian, Polish, or another Slavic language. About 1.2% of Mentor residents speak another Indo-European language, and 1.1% of the population speaks Spanish.

4.6% of the city’s population was born outside of the U.S., which tracks slightly over Ohio’s average. However, this percentage is less than a quarter of the national average.

Seeing as Mentor has 8 public elementary schools, 3 public middle schools, and 1 public high school campus, students have multiple convenient options when it comes to receiving a local education.

A reported 93.1% of Mentor residents are high school graduates, which tracks over statewide and national averages.

Of the city’s 25 years of age and over population, 21.3% have some college education. From there, 9.9% of residents over 25 years old have earned an associate’s degree.

An estimated 20.6% of Mentor residents have a bachelor’s degree. An additional 11.6% of residents have a graduate degree or another professional degree.

The median value of a property in Mentor is $183K, which makes sense seeing as 49.2% of real estate is priced between $113K-$226K.

Additionally, 13.4% of real estate ranges between $57K-$113K, and 4.1% of properties are worth under $57K. From there, 26% of properties are priced between $226K-$338K, and 5.7% are valued from $338K-$451K. Just 1.6% of properties are worth between $451K and the 1 million mark.

As for real estate appreciation rates, Mentor’s numbers typically have trended near the national average. Between October 2009 and October 2019, the annual appreciation rate averaged at 0.83%.

From October 2018 to October 2019, the appreciation rate has tracked near 2%, which is less than the majority of neighborhoods across the United States. However, recent upticks predict that appreciation rates may annualize at 10.38%, which indicates good things for Mentor’s real estate.

Out of about 19,600 housing options, 85.2% are owner-occupied, while 14.8% are rented residences and 5.9% are vacant properties.

79% of options are single family detached homes, while 7.7% are condominiums and attached properties. 3.4% of options are small apartment buildings, while about 8.5% of residences are in larger apartment complexes.

As for age, 5.9% of residences were constructed after the turn of the 21st century, and the majority of housing options at 49.3% were built between 1970-1999. 38.5% of properties broke ground between 1940-1969, and 6.1% of options were built in 1939 or earlier years.

Seeing as 51.4% of options have 3 bedrooms and 27% have 4 or more bedrooms, the majority of housing options run large. 17.6% have 2 bedrooms, and just 3.1% of residences are 1 bedroom layouts.

Mentor’s median household income is $69K, and the per capita income tracks just under $36K. The city’s average salary is $65K.

About 3% of Mentor residents earn less than $15K per year. Another 6% of residents make between $15K-$25K, while 14% earn between $25K-$35K annually. Almost 19% of Mentor residents earn $35K-$50K each year, and another 19% of residents make between $50K-$65K annually.

About 10% of residents earn $65K-$75K, and 14% of residents earn between $75K-$100K each year. From there, around 14% of residents earn over $100K annually.

Mentor’s overall poverty rate is about 4.7%, and the city’s unemployment rate is 3.8%.