Elyria is a city in Ohio state in USA with a population of 53844 residents.. The poverty rate of Elyria is 20.8%, which is 49% higher than national average. The typical household in Elyria earns $43816 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 55.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Elyria, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Elyria remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Elyria, only 14% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Elyria is 86, which is 14% lower than national average. Median home value in Elyria is $107600 , which is 53% lower than national average. While median income in Elyria remained $43816, which is 35% lower than national average.