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2025 Compare Cities Housing:
Palmetto, FL vs Lorain, OH

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Highlights
- The median age of a home in Palmetto is 59.0% younger than the median age of a home in Lorain.
 Palmetto, FLLorain, OHUnited States
 Median Home Age39  Unlock42
 Median Home Cost  Unlock$113,400$338,100
 Home Appr. Last 12 months31.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock47.5%57.0%
 Home Appr. Last 10 yrs.211.6%  Unlock101.1%
 Property Tax Rate  Unlock$15.4$11.0
 Homes Owned45.1%  Unlock57.4%
 Housing Vacant  Unlock11.7%11.2%
 Homes Rented26.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Palmetto, FLLorain, OHUnited States
 Average Rent  Unlock$1,130$1,840
 Studio Apartment$1,010  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$730$1,180
 2 Bedroom Home or Apartment$1,510  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,140$1,860
 4 Bedroom Home or Apartment$2,380  Unlock$2,160
 space1
 Vacant Housing
 Palmetto, FLLorain, OHUnited States
 Vacant For Rent  Unlock2.3%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other2.8%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Palmetto, FLLorain, OHUnited States
 Less Than $20,000  Unlock1.6%2.6%
 $20,000 to $39,9997.9%  Unlock2.4%
 $40,000 to $59,999  Unlock10.9%2.8%
 $60,000 to $79,9990.5%  Unlock3.9%
 $80,000 to $99,999  Unlock16.0%4.5%
 $100,000 to $149,99912.5%  Unlock11.3%
 $150,000 to $199,999  Unlock11.0%13.0%
 $200,000 to $299,99918.0%  Unlock20.1%
 $300,000 to $399,999  Unlock3.8%13.6%
 $400,000 to $499,9994.0%  Unlock8.3%
 $500,000 to $749,999  Unlock0.7%9.7%
 $750,000 to $999,9993.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Palmetto, FLLorain, OHUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock4.8%13.6%
 2000 to 200920.9%  Unlock13.6%
 1990 to 1999  Unlock4.3%13.6%
 1980 to 198914.4%  Unlock13.2%
 1970 to 1979  Unlock14.2%14.8%
 1960 to 196915.2%  Unlock13.6%
 1950 to 1959  Unlock17.0%10.0%
 1940 to 19492.1%  Unlock4.7%
 1939 or Earlier  Unlock27.2%12.2%
Transportation
Reviews for Palmetto    3 Reviews
Dave · Parrish, FL
Live in suburbs
Over 14 years ago

Best bet for Florida living is newer bedroom communities. Closer to inland parks for canoe and kayak, but a quick drive to the shore. There's not a safe city in the  More

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Melissa · Palmetto, FL
Palmetto's town keeps trying and developing.
Over 17 years ago

I am a 40yr old single female who moved to Palmetto about 6 years ago. Since I have been here, I have seen the change in the town. Despite a bad economy, Palmetto  More

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Christina · Palmetto, FL
Poor Schools
Over 18 years ago

My husband and I are moving from this area because the schools are more than poor. With almost no after school activites or diverse educational choices. If you child  More

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Reviews for Lorain    8 Reviews
Napoleon · Lorain, OH
Quality of Life
Over 11 years ago

Well, in short...It Sucks !!! It's become like the movie "Escape from New York". The city of Lorain has the highest amount of sex offenders and other criminals. The  More

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william · Middleburg, FL
Loain-city in decline.
Over 14 years ago

I lived in Lorain for over 40 years of my life. It used to be a nice place to grow up and then raise a family. I return every year to visit family and meet up with  More

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Sandra · Lorain, OH
Where has the morale gone
Over 17 years ago

Living in Ohio is very unmotivating. There have been job cuts, homelessness and uncompassion all around us here. We strive to get ahead and take care of our families.   More

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Learn More About Palmetto, Florida
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