HousingHandbookReference data

U.S. ZIP Code · OH44054

Lorain County · Cleveland, OH

Typical home value

$227,961[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.3%
5-year / yr
+6.5%
10-year / yr
+7.3%

Relative price

vs U.S.
-19.8%
vs metro
-10.0%
vs state
+4.2%
ZIP 44054 location in OH
Location of ZIP 44054 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 44054 is worth $227,961 — 10.0% below the Cleveland, OH median. Over the past year, values have risen 5.3%. The effective property tax rate is 1.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.4%[3]
Typical annual tax
$3,274[3]

#Climate risk

FEMA National Risk Index ratings for Lorain County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
12,806[3]
Median household income
$75,572[3]

#Migration

Household moves in and out of Lorain County over a year, from IRS tax-return data.

Net migration
+547[5]
Moved in
6,861
Moved out
6,314

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
6
Elementary
4
Middle
1
High
1
  • Brookside High School

    High · Grades 9–12 · Sheffield-Sheffield Lake City

    461 students

  • Brookside Intermediate School

    Elementary · Grades 3–6 · Sheffield-Sheffield Lake City

    425 students

  • Brookside Middle School

    Middle · Grades 7–8 · Sheffield-Sheffield Lake City

    253 students

  • Knollwood Elementary School

    Elementary · Grades 1–2 · Sheffield-Sheffield Lake City

    230 students

  • Forestlawn Early Learning Center

    Elementary · Grades PK–K · Sheffield-Sheffield Lake City

    179 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,153
Loan principal$182,369
Down payment$45,592
Total interest paid$232,602

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,616
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
64th percentile[1]
Rental yield
[2]
Property tax
50th percentile[3]

Frequently asked

How much is a home worth in ZIP code 44054?
The typical home in 44054 is worth $227,961, based on the Zillow Home Value Index.
Are home values rising in 44054?
Home values in 44054 are up 5.3% over the past year, and up 6.5% a year over five years.
What is the property tax rate in 44054?
The effective property tax rate in 44054 is 1.4% — roughly $3,274 a year on a typical home.
Who lives in 44054?
ZIP code 44054 has a population of 12,806 and a median household income of $75,572.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Orwell, OH

    Typical home
    $226,896
    Gross yield
  • Madison, OH

    Typical home
    $231,621
    Gross yield
  • Jefferson, OH

    Typical home
    $223,718
    Gross yield
  • Grand River, OH

    Typical home
    $222,671
    Gross yield
  • Middleburg Heights, OH

    Typical home
    $237,344
    Gross yield
    6.3%
  • Kingsville CDP, OH

    Typical home
    $216,470
    Gross yield

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