What is the median household income in Sheffield Township (Lorain County), OH?
The median household income in Sheffield Township (Lorain County), OH is $48,433 (±$3,631) a year (2020–2024 American Community Survey).
Paying the median gross rent of $824 a month would take about $33,000 a year at the common guideline of spending no more than 30% of income on rent.
In Sheffield Township (Lorain County), the median household income went from $32,983 in 2015–2019 to $48,433 in 2020–2024 (+46.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $48,433 (±$3,631)
- Median renter income
- $40,258 (±$13,000)
- Income to afford median rent
- about $33,000
Income in Sheffield Township (Lorain County) against Lorain County, its state and the nation
| Sheffield Township (Lorain County) | Lorain County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $48,433 (±$3,631) | $73,347 (±$1,501) | $71,389 (±$321) | $80,734 |
| Median renter household income | $40,258 (±$13,000) | $40,357 (±$1,976) | $42,829 (±$325) | $52,966 |
| Median owner household income | $55,781 (±$18,299) | $89,532 (±$2,022) | $90,122 (±$343) | $100,009 |
| Median gross rent | $824 (±$221) | $966 (±$21) | $1,034 (±$5) | $1,413 |
In Sheffield Township (Lorain County), median household income is lower than in Lorain County ($73,347).
It is also lower than in Ohio ($71,389).
It is lower than the national figure ($80,734).
In Lorain County, Sheffield Township (Lorain County) ranks 35 of 35 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2097 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Sheffield Township (Lorain County)
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $824 a month ($9,888 a year) needs an income of about $33,000 a year.
The median renting household in Sheffield Township (Lorain County) earns $40,258 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $32,983 (±$4,268) | $48,433 (±$3,631) | +46.8% | Up after inflation |
| Median gross rent | $686 (±$41) | $824 (±$221) | +20.1% | No measurable change after inflation |
| Median home value | $86,500 (±$6,420) | $120,400 (±$10,092) | +39.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Sheffield Township (Lorain County)
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Sheffield Township (Lorain County) | — | $48,433 (±$3,631) | — |
| Elyria Township | 1.9 mi | $62,179 (±$5,337) | Higher |
| Lorain | 1.9 mi | $48,685 (±$3,757) | Not measurably different |
| Sheffield | 3.7 mi | $107,837 (±$13,499) | Higher |
| Elyria | 4.1 mi | $54,945 (±$2,562) | Higher |
| Amherst Township | 4.2 mi | $82,554 (±$9,771) | Higher |
| Amherst | 4.4 mi | $90,725 (±$10,755) | Higher |
| Sheffield Lake | 5.3 mi | $69,632 (±$11,375) | Higher |
| South Amherst | 6.9 mi | $86,194 (±$6,911) | Higher |
Nearby places with a measurably higher figure: Elyria Township, OH ($62,179), Sheffield, OH ($107,837), Elyria, OH ($54,945).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Lorain County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 29 | Elyria Township | $62,179 (±$5,337) |
| 30 | Wellington | $61,578 (±$10,023) |
| 31 | Camden Township | $60,156 (±$20,190) |
| 32 | Rochester | $59,861 (±$43,595) |
| 33 | Elyria | $54,945 (±$2,562) |
| 34 | Lorain | $48,685 (±$3,757) |
| 35 | Sheffield Township (Lorain County) | $48,433 (±$3,631) |
Showing 7 of 35 places in Lorain County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Sheffield Township (Lorain County)
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Questions about Sheffield Township (Lorain County)
What is the median household income in Sheffield Township (Lorain County)?
The median household income in Sheffield Township (Lorain County) is $48,433 (±$3,631) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Sheffield Township (Lorain County)?
About $33,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $824 a month.
Have incomes in Sheffield Township (Lorain County) kept up with inflation?
In Sheffield Township (Lorain County), the median household income went from $32,983 in 2015–2019 to $48,433 in 2020–2024 (+46.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Sheffield Township (Lorain County)?
The median renting household in Sheffield Township (Lorain County), OH earns $40,258 (±$13,000) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Sheffield township, Lorain County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Sheffield township, Lorain County, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Sheffield township, Lorain County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Sheffield township, Lorain County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Sheffield township, Lorain County, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Sheffield township, Lorain County, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Sheffield township, Lorain County, Ohio (county subdivision:72067, in state:39 county:093).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Sheffield Township (Lorain County) at a glance
- Median rent in Sheffield Township (Lorain County)
- Rent by bedrooms in Sheffield Township (Lorain County)
- Rent burden in Sheffield Township (Lorain County)
- Renters and owners in Sheffield Township (Lorain County)
- Home values in Sheffield Township (Lorain County)
- Homeowner costs in Sheffield Township (Lorain County)
- Property taxes in Sheffield Township (Lorain County)
- Types of homes in Sheffield Township (Lorain County)
- Bedrooms in Sheffield Township (Lorain County)
- Age of homes in Sheffield Township (Lorain County)
- Heating fuel in Sheffield Township (Lorain County)
- Commute and cars in Sheffield Township (Lorain County)
- Population growth in Sheffield Township (Lorain County)
- How long people stay in Sheffield Township (Lorain County)
- Fair Market Rent in Sheffield Township (Lorain County)
- Ohio landlord and tenant rules
- Housing across Lorain County
- Ohio places ranked by median household income
- Housing data for every place in Ohio