Sheffield Lake 2020 Census Info

Data from the 2020 U.S. Census suggests the city and its residents have come back from the financial crisis and subsequent Great Recession that occurred from 2007 to 2010.

Perhaps most notable is a reported drop in the poverty rate from 11.8% in 2010 to 4.2% in 2020. This number is similar to the poverty rate in Avon at 4.5% and Avon Lake at 4.4%.

Median family income was $71,450 in 2020, up from $63,081 in 2016, an increase of 13.27%. Family income is defined by two or more people who are related living in the same household. This differs from median household income which includes older adults living alone, students in college apartments and persons who are not related living in the same home.

Home ownership increased from 72.1% to 75.6%. Nearly 94% of housing units are occupied by owners or renters, an increase of about 3% from 2010.

Median values of a residential property in the city was $107,250, according to the 2020 Census Report. However, a recent report by Realtor.com analyzed 97 recent homes sales in the city and noted the average sale price was $140,000. Residential real estate transfers from January through mid-March 2022 posted on the Lorain County Auditor’s website also average $140,000.

The population in the city has been fairly steady with 8,957 in 2020 compared to 9,137 in 2010. Currently, 18.9% of residents are age 65 or older, while 17.1% are under age 18. There are slightly more women than men.