Chippewa Lake, OH
Population 671 · Ohio
About Chippewa Lake, OH
Chippewa Lake is a small community located in Ohio with a population of 671 residents according to the latest US Census Bureau American Community Survey data. The median household income is $81,542 per year, which is 9% above the national median of $75,149. The median age of 51.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Chippewa Lake features a median home value of $169,900, which is 31% below the national median of $244,900. This positions Chippewa Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,135, 2% below the national average of $1,163/month. Of the 398 total housing units, 82% are owner-occupied (252 units) and 18% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chippewa Lake shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chippewa Lake have an average one-way commute time of 29.6 minutes.
Education & Demographics
22.0% of Chippewa Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.4% White, 0.6% Hispanic or Latino, 0.1% Black or African American, and 0.3% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in Chippewa Lake, OH
Compared to national averages, Chippewa Lake has a median household income of $81,542 (9% above the national median of $75,149). Home values average $169,900, which is 31% below the national median. Monthly rent at $1,135 is 2% below the US average of $1,163. Within Ohio, Chippewa Lake's income is 14% above the state average of $71,814, and home values are 3% below the state median of $174,449.
Why Live in Chippewa Lake, OH?
Chippewa Lake offers a strong local economy with a median household income of $81,542, well above the national average, and affordable housing with a median home value of $169,900, below the US average of $244,900, and rent that’s lower than the national average at $1,135/month. Additionally, the city features a strong job market with an unemployment rate of just 2.1%, and a low poverty rate of 5.7%, better than the national average.
Chippewa Lake has a population of 671 with a median age of 51.5 years. Compare Chippewa Lake with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Chippewa Lake
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Brookside | 673 | $83,021 | $109,600 | Compare |
| Freeport | 676 | $48,810 | $78,300 | Compare |
| Remington | 676 | $250,001 | $480,300 | Compare |
| Lakeside | 678 | $92,153 | $403,000 | Compare |
| Rawson | 679 | $50,313 | $115,500 | Compare |
| Andover | 680 | $54,821 | $117,900 | Compare |
| Bloomdale | 680 | $61,667 | $119,200 | Compare |
| New Straitsville | 682 | $53,203 | $61,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Chippewa Lake With Other Cities
Frequently Asked Questions about Chippewa Lake
What is the population of Chippewa Lake, OH?
The population of Chippewa Lake, OH is 671 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Ohio.
What is the median household income in Chippewa Lake?
The median household income in Chippewa Lake, OH is $81,542 per year, which is 9% above the national median of $75,149.
What is the median home value in Chippewa Lake?
The median home value in Chippewa Lake, OH is $169,900, which is 31% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chippewa Lake?
The median monthly rent in Chippewa Lake, OH is $1,135, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Chippewa Lake?
The unemployment rate in Chippewa Lake, OH is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Chippewa Lake, OH a good place to live?
Chippewa Lake offers above-average incomes, affordable housing, and a strong job market. With a population of 671 and a median age of 51.5, the city appeals to established professionals and retirees.
How educated is Chippewa Lake, OH?
22.0% of residents in Chippewa Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Chippewa Lake?
Key cost-of-living indicators for Chippewa Lake, OH: median home value is $169,900 (31% below national), median rent is $1,135/month, and median household income is $81,542. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chippewa Lake?
The poverty rate in Chippewa Lake, OH is 5.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chippewa Lake, OH?
Chippewa Lake's population is 0.4% White, 0.6% Hispanic or Latino, 0.1% Black or African American, 0.3% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.