Pros and Cons of Living In Painesville, Ohio. Is Painesville, OH a Nice Place To Live or Retire?

Painesville, Ohio

Moving to Painesville In Ohio ? Is Painesville, OH a Nice Place To Live? Pros and Cons of Living in Painesville, Ohio. Find out the best and worst about to live, raise a family or retire in Painesville.

Painesville is a city in and the county seat of Lake County, Ohio, United States, located along the Grand River. It is a northeast suburb of Cleveland. Its population was 20,312 at the 2020 census. Painesville is included in the Greater Cleveland metropolitan area.

DEMOGRAPHICS

Population
19817
Unemployment
5.5%
17% NAT AVG.
Poverty
22.3%
59% NAT AVG.
Cost Of Living
91
9% NAT AVG.

ECONOMICS

Median Home Cost
$112300
51% NAT AVG.
Median Income
$47259
30% NAT AVG.
Median Rent
$826
29% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 18
People Earning < $10,000
1 in 10
People Earning < $50,000
53.5%
People With Any Degree
1 in 3.7

ETHNICITY

Ethnicity Painesville USA
White 57% 60.1%
African American 13.2% 12.2%
American Indian 0.1% 0.6%
Asian 0.8% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 3.7% 2.8%
Hispanic 25% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Painesville USA
Less than $10,000 10.4% 5.8%
$10,000 to $14,999 7.3% 4.1%
$15,000 to $24,999 7.1% 8.5%
$25,000 to $34,999 8.6% 8.6%
$35,000 to $49,999 20.1% 12.0%
$50,000 to $74,999 19.7% 17.2%
$75,000 to $99,999 12.5% 12.8%
$100,000 to $149,999 10.3% 15.6%
$150,000 to $199,999 3.2% 7.1%

EDUCATION

Education Painesville USA
< 9th Grade 7% 5.0%
9-12th Grade 11% 7.0%
High School or GED 35% 27.0%
Other College 20% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 12% 20.0%
Master's Degree 4% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 0% 1.0%
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. 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.

Cost of living in Painesville is 91, which is 9% lower than national average. In Painesville, only 17% of adults have a bachelor's degree and 30% have some college but no degree. 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.
Painesville Scorecard

Jobs60%

Housing60%

Affordability80%

Safety90%

Amenities90%

Diversity90%

Education50%

THANKS FOR READING

Read this story and other stories in details on our Website.