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Former St. Joseph Hospital site in Lorain, Ohio. Located in the 10th largest city in Ohio. Neighboring city Elyria is the 14th largest city in Ohio. Tax abatement available. Low income housing tax credits available. City of Lorain incentives - aging community. 800 car parking structure. Existing medical buildings available (120,000 SF total). Possible joint venture option available.
| Month | Payment | Principal | Interest | Total Interest | Balance |
|---|---|---|---|---|---|
| $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.
| Total Population | 11,263 | 63,500 | 100,622 | |
| Population Median Age | 34 | 38 | 40 | |
| Population by Age | 0-9 Yrs | 1737 (15%) | 9186 (14%) | 12864 (12%) |
| 10-19 Yrs | 1888 (16%) | 8461 (13%) | 13077 (12%) | |
| 20-29 Yrs | 1759 (15%) | 8665 (13%) | 12758 (12%) | |
| 30-39 Yrs | 1231 (10%) | 7402 (11%) | 11465 (11%) | |
| 40-49 Yrs | 1509 (13%) | 7959 (12%) | 12337 (12%) | |
| 50-59 Yrs | 1326 (11%) | 7622 (12%) | 12801 (12%) | |
| 60-69 Yrs | 1037 (9%) | 7679 (12%) | 13795 (13%) | |
| 70+ Yrs | 774 (6%) | 6526 (10%) | 11525 (11%) | |
| Median HH Income | $29,186 | $35,984 | $44,162 | |
| Total Household Income | < 24K | 1808 (42%) | 9412 (36%) | 12208 (29%) |
| 25-49K | 1343 (31%) | 7192 (27%) | 10747 (26%) | |
| 50-74K | 560 (13%) | 4152 (16%) | 7224 (17%) | |
| 75-99K | 266 (6%) | 2667 (10%) | 4998 (12%) | |
| 100-199K | 202 (4%) | 2191 (8%) | 5147 (12%) | |
| 200K+ | 44 (1%) | 290 (1%) | 810 (1%) | |
| Highest Education Level | No Diploma | 1539 | 7774 | 10295 |
| Diploma or GED | 2415 | 14784 | 23853 | |
| Some College | 1850 | 9847 | 16062 | |
| Assoc. Degree | 659 | 4274 | 7655 | |
| Bachelors Degree | 221 | 3293 | 7009 | |
| Higher Degree | 92 | 1629 | 3666 | |
| Total Housing Units | 5,348 | 30,071 | 46,900 | |
| --Owner-Occupied | 1,779 | 13,741 | 25,264 | |
| --Renter-Occupied | 2,445 | 12,163 | 15,870 | |
| Owner-Occupied Values | < 100K | 1628 | 8507 | 11888 |
| 100-199K | 134 | 4223 | 10120 | |
| 200-299K | 3 | 615 | 2314 | |
| 300-399K | 1 | 145 | 452 | |
| 400-499K | 1 | 73 | 183 | |
| 500K+ | 12 | 177 | 307 | |
| Total Working Age Population | 8,494 | 49,418 | 80,030 | |
| In Work Force | 4,837 | 28,075 | 46,769 | |
| Not In Work Force | 3,657 | 21,343 | 33,261 | |
| Workforce Employed | 4,292 | 25,474 | 43,209 | |
| Workforce Unemployed | 545 | 2,598 | 3,557 | |
| Civlian Workforce | 4,837 | 28,072 | 46,766 | |
| Military Workforce | 0 | 3 | 3 | |
| Total Households | 4,224 | 25,904 | 41,135 | |
| Family Households | 2,371 | 15,297 | 25,476 | |
| Non-Family Households | 1,853 | 10,607 | 15,659 | |
| Married Couple | 917 | 8,218 | 15,658 | |
| Other Family | 1,454 | 7,079 | 9,818 | |
| Married w/Child | 435 | 2,814 | 4,839 | |
| Single Male w/Child | 185 | 740 | 1,026 | |
| Single Female w/Child | 685 | 3,420 | 4,529 | |
Population Change Last Two Decades - Plus Projection
| 2000 | % | 2010 | % | 2020 | % | 2030 | |
|---|---|---|---|---|---|---|---|
| Ohio | 11,353,140 | +2 | 11,536,504 | 0 | 11,574,870 | 0 | 11,615,100 |
| Lorain County | 284,664 | +6 | 301,356 | +3 | 310,230 | +3 | 320,430 |