Sheffield Lake, OH
Population 8,946 · Ohio
About Sheffield Lake, OH
Sheffield Lake is a small town located in Ohio with a population of 8,946 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,065 per year, which is 17% below the national median of $75,149. The median age of 44.3 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 Sheffield Lake features a median home value of $153,400, which is 37% below the national median of $244,900. This positions Sheffield Lake in a moderately priced market relative to the rest of the country. Median monthly rent is $1,014, 13% below the national average of $1,163/month. Of the 4,604 total housing units, 72% are owner-occupied (3,081 units) and 28% are renter-occupied (1,191 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Sheffield Lake shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.4%, above the national average of 12.4%. Workers in Sheffield Lake have an average one-way commute time of 26.6 minutes.
Education & Demographics
19.1% of Sheffield 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, 5.7% Black or African American, and 1.6% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Sheffield Lake, OH
Compared to national averages, Sheffield Lake has a median household income of $62,065 (17% below the national median of $75,149). Home values average $153,400, which is 37% below the national median. Monthly rent at $1,014 is 13% below the US average of $1,163. Within Ohio, Sheffield Lake's income is 14% below the state average of $71,814, and home values are 12% below the state median of $174,449.
Why Live in Sheffield Lake, OH?
Sheffield Lake offers affordable housing with a median home value of $153,400, below the US average of $244,900, and rent that’s lower than the national average at $1,014/month, and a strong job market with an unemployment rate of just 3.3%.
Potential considerations include median household income ($62,065) that falls below the national average. However, Sheffield Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Sheffield Lake has a population of 8,946 with a median age of 44.3 years. Compare Sheffield Lake with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Sheffield Lake
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lincoln Village | 8,968 | $55,849 | $158,700 | Compare |
| Blacklick Estates | 8,867 | $70,869 | $152,000 | Compare |
| Wyoming | 8,712 | $156,518 | $404,500 | Compare |
| Shelby | 8,706 | $52,760 | $117,300 | Compare |
| Perry Heights | 8,672 | $63,288 | $152,100 | Compare |
| Bryan | 8,664 | $50,295 | $132,000 | Compare |
| Cheviot | 8,655 | $54,654 | $137,900 | Compare |
| Olmsted Falls | 8,640 | $93,907 | $214,800 | 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 Sheffield Lake With Other Cities
Frequently Asked Questions about Sheffield Lake
What is the population of Sheffield Lake, OH?
The population of Sheffield Lake, OH is 8,946 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 Sheffield Lake?
The median household income in Sheffield Lake, OH is $62,065 per year, which is 17% below the national median of $75,149.
What is the median home value in Sheffield Lake?
The median home value in Sheffield Lake, OH is $153,400, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Sheffield Lake?
The median monthly rent in Sheffield Lake, OH is $1,014, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Sheffield Lake?
The unemployment rate in Sheffield Lake, OH is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Sheffield Lake, OH a good place to live?
Sheffield Lake offers a moderate cost of living, affordable housing, and a strong job market. With a population of 8,946 and a median age of 44.3, the city appeals to a broad range of residents.
How educated is Sheffield Lake, OH?
19.1% of residents in Sheffield 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 Sheffield Lake?
Key cost-of-living indicators for Sheffield Lake, OH: median home value is $153,400 (37% below national), median rent is $1,014/month, and median household income is $62,065. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Sheffield Lake?
The poverty rate in Sheffield Lake, OH is 12.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Sheffield Lake, OH?
Sheffield Lake's population is 0.4% White, 0.6% Hispanic or Latino, 5.7% Black or African American, 1.6% Asian, and 0.8% two or more races. 1.9% of residents are foreign-born.