Mentor-on-the-Lake, OH
Population 7,117 · Ohio
About Mentor-on-the-Lake, OH
Mentor-on-the-Lake is a small town located in Ohio with a population of 7,117 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,320 per year, which is 18% below the national median of $75,149. The median age of 46.6 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 Mentor-on-the-Lake features a median home value of $171,200, which is 30% below the national median of $244,900. This positions Mentor-on-the-Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,021, 12% below the national average of $1,163/month. Of the 3,867 total housing units, 60% are owner-occupied (2,174 units) and 40% are renter-occupied (1,433 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Mentor-on-the-Lake shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mentor-on-the-Lake have an average one-way commute time of 23.8 minutes.
Education & Demographics
22.5% of Mentor-on-the-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 3.2% White, 0.9% Hispanic or Latino, 0.5% Black or African American, and 0.4% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Mentor-on-the-Lake, OH
Compared to national averages, Mentor-on-the-Lake has a median household income of $61,320 (18% below the national median of $75,149). Home values average $171,200, which is 30% below the national median. Monthly rent at $1,021 is 12% below the US average of $1,163. Within Ohio, Mentor-on-the-Lake's income is 15% below the state average of $71,814, and home values are 2% below the state median of $174,449.
Why Live in Mentor-on-the-Lake, OH?
Mentor-on-the-Lake offers affordable housing with a median home value of $171,200, below the US average of $244,900, and rent that’s lower than the national average at $1,021/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a low poverty rate of 8.9%, better than the national average, and short commute times averaging just 23.8 minutes.
Potential considerations include median household income ($61,320) that falls below the national average. However, Mentor-on-the-Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mentor-on-the-Lake has a population of 7,117 with a median age of 46.6 years. Compare Mentor-on-the-Lake with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Mentor-on-the-Lake
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cortland | 7,091 | $61,740 | $199,300 | Compare |
| Withamsville | 7,151 | $68,857 | $208,900 | Compare |
| Logan | 7,077 | $52,680 | $143,000 | Compare |
| Delphos | 7,063 | $58,359 | $125,400 | Compare |
| Mount Healthy | 6,932 | $45,546 | $126,200 | Compare |
| Union | 6,930 | $68,837 | $138,800 | Compare |
| Kirtland | 6,913 | $117,794 | $377,500 | Compare |
| Sunbury | 7,335 | $103,774 | $337,700 | 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 Mentor-on-the-Lake With Other Cities
Frequently Asked Questions about Mentor-on-the-Lake
What is the population of Mentor-on-the-Lake, OH?
The population of Mentor-on-the-Lake, OH is 7,117 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Mentor-on-the-Lake?
The median household income in Mentor-on-the-Lake, OH is $61,320 per year, which is 18% below the national median of $75,149.
What is the median home value in Mentor-on-the-Lake?
The median home value in Mentor-on-the-Lake, OH is $171,200, which is 30% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mentor-on-the-Lake?
The median monthly rent in Mentor-on-the-Lake, OH is $1,021, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Mentor-on-the-Lake?
The unemployment rate in Mentor-on-the-Lake, OH is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Mentor-on-the-Lake, OH a good place to live?
Mentor-on-the-Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 7,117 and a median age of 46.6, the city appeals to established professionals and retirees.
How educated is Mentor-on-the-Lake, OH?
22.5% of residents in Mentor-on-the-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 Mentor-on-the-Lake?
Key cost-of-living indicators for Mentor-on-the-Lake, OH: median home value is $171,200 (30% below national), median rent is $1,021/month, and median household income is $61,320. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mentor-on-the-Lake?
The poverty rate in Mentor-on-the-Lake, OH is 8.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mentor-on-the-Lake, OH?
Mentor-on-the-Lake's population is 3.2% White, 0.9% Hispanic or Latino, 0.5% Black or African American, 0.4% Asian, and 3.7% two or more races. 3.8% of residents are foreign-born.