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Homewood (Tract 023600)

Lorain, Ohio

FIPS 39093023600

Juniper

Homewood (Tract 023600) is in the lowest 10% nationally for FEMA risk score. It also sits in the highest 1% nationally for home price growth over five years. And it sits in the highest 10% nationally for home price growth over the past year.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$149,879

Lower than 89% of U.S. tracts
Home Price Growth, Past Five Years

109%

Higher than 99% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

10.3

Lower than 90% of U.S. tracts

The basics

Total Population

2,833

Median Age

40.9

Population Density

4,860.98

Home values & property tax

Median Property Tax

$1,429

Property Tax Rateyearly tax as a share of home value

1.3%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.38×

Lower than 87% of U.S. tracts
Median Income

$46,250

Lower than 87% of U.S. tracts
Median Rent

$909

Lower than 80% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

13%

Higher than 90% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

53%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

32%

Climate & weather

Summer Avg High (°F)

83

Winter Avg Low (°F)

23.9

Avg Temperature (°F)

52.6

Hot Days/yr (>90°F)

19.1

Freezing Days/yr (<32°F)

115.2

Annual Precipitation (in)

40.4

Annual Snowfall (in)

43.6

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Homewood (Tract 023600): frequently asked questions

What is the typical home value in Homewood (Tract 023600)?
The estimated median home value in Homewood (Tract 023600) today is $149,879, lower than 89% of U.S. tracts.
How much is property tax in Homewood (Tract 023600)?
The median annual property tax in Homewood (Tract 023600) is $1,429, an effective rate of 1.3% of home value.
Is Homewood (Tract 023600) expensive to live in?
Homes in Homewood (Tract 023600) cost about 2.38× the median household income, lower than 87% of U.S. tracts.
What is the average rent in Homewood (Tract 023600)?
The median gross rent in Homewood (Tract 023600) is $909 a month, lower than 80% of U.S. tracts.
How much have home prices grown in Homewood (Tract 023600)?
Home prices in Homewood (Tract 023600) have moved 109% over the past five years (13% in the past year), per the FHFA House Price Index.
How many people live in Homewood (Tract 023600)?
Homewood (Tract 023600) has a population of 2,833, about 4,860.98 people per square mile, per the U.S. Census American Community Survey. The median age is 40.9.
What is the weather like in Homewood (Tract 023600)?
Homewood (Tract 023600) averages 52.6°F year-round, summer highs near 83°F, winter lows around 23.9°F (NOAA 1991–2020 normals). It sees about 43.6 inches of snow a year.
Is Homewood (Tract 023600) at risk of flooding or natural disasters?
Homewood (Tract 023600)'s FEMA National Risk Index score is 10.3 (lower than 90% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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