Small Business in Lorain

The city's median age is 39, and the average household size is 2.38, indicating a mix of young professionals, families, and retirees contributing to local economic activity. The median household income stands at $45,799, reflecting the community’s purchasing power and potential demand for various services. Lorain supports a diverse small business ecosystem, this particular report covers 26 home service industries, with 3891 operating businesses.