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Lakemore, Ohio Demographics & Population 2026

During the 2020–2024 ACS period, Lakemore, Ohio had a total population of 2,914, the 405th largest village in Ohio, with a median household income of $59,758, which is 16% lower than the state average. The poverty rate is 7.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lakemore Quick Facts

Population 2,914
Median Household Income $59,758
Median Home Value $158,400
Poverty Rate 7.2%
Unemployment Rate 3.3%
Median Age 51.8 years
Homeownership Rate 84.4%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 7.0%
High School Graduation Rate 87.8%
Diversity Index 21/100
Population 2,914 405th of 1,264
Median Income $59,758 below average
Poverty Rate 7.2% 42% lower than national
Median Home Value $158,400 average

How Lakemore Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,9172,914-0.1%
Median household income$54,836$59,758+9.0%
Median home value$143,700$158,400+10.2%

How Lakemore Compares

Economy & Housing

Household Income Distribution

Under $25K 11.3%
$25K-$50K 29.4%
$50K-$100K 41.7%
$100K+ 17.5%
Detailed income brackets
Under $10K
3.1%
$10K-$15K
3.0%
$15K-$20K
2.2%
$20K-$25K
3.0%
$25K-$30K
3.2%
$30K-$35K
2.0%
$35K-$40K
5.4%
$40K-$45K
11.3%
$45K-$50K
7.5%
$50K-$60K
9.4%
$60K-$75K
12.8%
$75K-$100K
19.4%
$100K-$125K
7.3%
$125K-$150K
2.6%
$150K-$200K
5.6%
$200K+
2.0%

Employment

3.3% Unemployment Rate State: 4.8%|National: 5.2%
62.0% Labor Force Participation

Housing Overview

Owner 84.4%
Renter 15.6%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $1,060/mo 21.3% of median household income annually

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Lakemore Rankings in Ohio

#405 Population of 1,264
#760 Median Income of 1,191
#1106 Education of 1,264
#600 Home Value of 1,206

Other Cities in Summit County

CityPopulationMedian IncomePovertyHome Value
Akron 189,247 $48,076 23.3% $122,000
Cuyahoga Falls 50,909 $72,705 10.5% $183,300
Stow 34,240 $93,727 5.2% $248,000
Green 27,393 $95,047 7.1% $280,200
Barberton 24,844 $52,267 15.6% $135,200
Hudson 23,039 $171,427 3.7% $466,500
Twinsburg 19,410 $99,144 4.2% $318,800
Tallmadge 18,335 $89,410 5.0% $232,500
New Franklin 13,843 $90,244 6.1% $214,300
Macedonia 12,152 $101,285 4.1% $308,500

Cities Similar to Lakemore

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Arcanum2,912$60,481$148,70021.2%10.0%
Baltimore3,050$59,769$231,30024.4%12.5%
Batavia2,794$60,984$205,80014.8%18.9%
Wilkshire Hills2,987$63,490$258,90033.3%8.5%
The Plains2,748$59,688$233,50032.9%19.0%

Population Overview

Lakemore is a small community located in Ohio, within Summit County. The total population is 2,914. It ranks as the 405th most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in Lakemore is 51.8 years. This is 30% higher than the state median of 39.7 years. Only 13.5% of residents are under 18, indicating fewer families with children. 11.9% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Lakemore is $59,758. This is 16% lower than the state median of $71,389. It is also 26% lower than the national median of $80,734. The poverty rate stands at 7.2%. This is 46% lower than the state poverty rate of 13.3%. The unemployment rate is 3.3%. This is 30% lower than the state rate of 4.8%. The median home value is $158,400. Housing costs are 26% lower than the state median of $214,800. With a home-value-to-income ratio of just 2.7x, Lakemore is one of the most affordable housing markets in the area. 84.4% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 67.2%.

Race & Ethnicity

Lakemore has a predominantly White (non-Hispanic) population, comprising 88.7% of all residents. Black or African American residents account for 2.8%. The Black or African American population (2.8%) is well below the state average of 12.0%. The Asian population (0.8%) is well below the state average of 2.5%.

Education

7.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 78% lower than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.8%.

Data Sources & Methodology

All demographic data for Lakemore, Ohio is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Lakemore, Ohio?

Lakemore, Ohio has a population of 2,914 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lakemore, OH?

The median household income in Lakemore is $59,758, which is 26% lower than the national median of $80,734.

What is the poverty rate in Lakemore, OH?

The poverty rate in Lakemore is 7.2%. This means approximately 209 residents live below the federal poverty line.

What is the racial makeup of Lakemore, Ohio?

Lakemore's population is 88.7% White, 2.8% Black, 2.4% Hispanic/Latino, and 0.8% Asian.

What is the median home value in Lakemore, OH?

The median home value in Lakemore is $158,400. The home-value-to-income ratio is 2.7x.

How educated is Lakemore, Ohio?

7.0% of adults (25+) in Lakemore hold a bachelor's degree or higher, and 4.1% hold a graduate or professional degree.