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The total population of Lorain is estimated to be 523 with 279 males (53.35%) and 244 females (46.65%). There are 35 less females than males in Lorain.
The median household income in Lorain was $50,823 in 2021, which marked an a decrease of 735(1.43%) from $51,558 in 2020. This income is 68.12% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lorain sees its highest median household income among householders in the age group of 45 to 64 years old, at $58,775. Overall, the median household income for the borough of Lorain stands at $50,823.
In Lorain, the median income for all workers aged 15 years and older, regardless of work hours, was $38,102 for males and $19,816 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,140 for males and $35,130 for females.
In Lorain, population is primarily represented by White households, reporting a median income of $51,006.
In 2022, the population of Lorain was 584, a 0.85% decrease year-by-year from 2021. Previously, in 2021, Lorain's population was 589, a decline of 0.67% compared to a population of 593 in 2020.
The median age in Lorain, PA is 42.0, as per 2021 ACS 5-Year Estimates. Of the total population, 15.69% were under the age of 15, 20.23% aged 15 to 29, 45.37% aged 30 to 64, 16.45% aged 65 to 84, and 2.27% were 85 years of age and older.
Racial distribution of Lorain population: 98.49% are White, 0.95% are American Indian and Alaska Native and 0.57% are multiracial.