"This section provides data and information related to summary for Mentor on the Lake, OH summary

Welcome to the Townfolio for Mentor on the Lake, OH where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

7,404

Median Household Income

44,225

Total Visible Minorities

N/A

Median Age

41.2

What is the Median Age of Mentor on the Lake, OH?

Mentor-on-the-Lake, OH has a median age of 41 years old. Overall, the median age in Mentor-on-the-Lake, OH is dwindling at an average of -0.4% per year.

Median Household Income

In Mentor-on-the-Lake, OH, the median household income is $44225 per year. Overall, it is dwindling at an average of -0.94% per year. In the last two census, its median household income grew by $933.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Mentor-on-the-Lake, OH has a gini coefficient of 0.53 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are married, making up 19.62 per cent of the population. Having a predominantly married population is highy beneficial to Mentor-on-the-Lake, OH as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.

Us Sex By Age

Overall, women outnumber men by 262. people. The 30 to 34 years old age cohort exhibits the largest discrepancy with a difference of 113 people between the sexes. Furthermore, majority of the population is between the ages 50 to 54 years old, comprising 8.82 per cent of the population. Meanwhile, 67.76 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 16.15 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 1191 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Mentor-on-the-Lake, OH are those in Management, business, science, and arts occupations, where the median salary hovers around $58073.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Other computer, engineering, and science occupations where median salary is at $81339.0. In the services industry, those in Healthcare support occupations earn the most at $40139.0 per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $43594.0. Natural resources occupations’ top salaries go to those in Farming, fishing, and forestry occupations where median salaries are around $nan. Meanwhile, occupations related to production have those working in Production occupations paid the most with a median salary of $43322.0 per year.

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

95.94%

Housing Vacant

4.06%

No. of Families

1,997

No. of Non-Families

1,220

Median Gross Rent

Mentor-on-the-Lake, OH has an average rent of $847 per month. Overall, the average rent in Mentor-on-the-Lake, OH is growing at an average of 0.5% per year. In the last census, its average rent declined by $4.

Heating Sources

Most people in Mentor-on-the-Lake, OH uses utility gas to heat up their homes. With 2739 households using it, it is the leading heating source in Mentor-on-the-Lake, OH. Moreover, 13.21% of households say they use electricity making it the second most popular choice. The third widely used heating source is no fuel, with 21 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Mentor-on-the-Lake, OH have three vehicles for transportation. 1902 people responding in Mentor-on-the-Lake, OH feel that having three vehicles is sufficient. Moreover, 22.96% of households say they use two vehicles. Moreover, 764 households have four vehicles

Us Time Leaving For Work

Majority of commuters in Mentor-on-the-Lake, OH leave their homes from 7:30am to 8:00am, saying that it's enough time to get to work. The second most popular time to head to work, with 11.46% of respondents, is from 6:30am to 7:00am. However, 375 of commuters still prefer to leave from 8:00am to 9:00am.

Us Transportation Mode

Majority of commuters in Mentor-on-the-Lake, OH are driving alone in a private car, truck, or van to go to work. Moreover, 7.88% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is taking a bus or trolley bus with 34 commuters have preferring it. Meanwhile, there are 80 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Business with 162 people practicing it in Mentor-on-the-Lake, OH. Science & Engineering Related Fields is another popular field of expertise, as 13.77% of inhabitants are involved in it. The third group are those who are in Engineering, with 90 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Mentor-on-the-Lake, OH has 398 people or 43.5% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.