Painesville is a city in Ohio state in USA with a population of 19817 residents.. The poverty rate of Painesville is 22.3%, which is 59% higher than national average. The typical household in Painesville earns $47259 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 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 53.5% 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 Painesville, only 82% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Painesville remained 5.5%, which is 17% 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 Painesville, only 17% of adults have a bachelor's degree and 30% have some college but no degree.

Cost of living in Painesville is 91, which is 9% lower than national average. Median home value in Painesville is $112300 , which is 51% lower than national average. While median income in Painesville remained $47259, which is 30% lower than national average.