Ohio · Census place 14254
Chippewa Lake village, OH
Quick answer
Chippewa Lake village has 671 residents, ranking #797 of 1265 places in Ohio. Median household income is $81,542, the median home is worth $169,900 and median gross rent runs $1,135 a month.
- Population
- 671Chippewa Lake village residents
- Median household income
- $81,542Past 12 months, inflation adjusted
- Median home value
- $169,900Owner-occupied units
- Median gross rent
- $1,135Rent plus utilities, monthly
- Median age
- 51.5 yrsAll residents
- Homeownership rate
- 81.6%Owner-occupied households
What the numbers mean in Chippewa Lake village
Housing cost measured against local earnings.
A household earning the Chippewa Lake village median would spend about 16.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.7% of residents and 81.6% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
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