HousingHandbookReference data

U.S. ZIP Code · OH44060

Lake County · Cleveland, OH

Typical home value

$274,719[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.9%
5-year / yr
+5.9%
10-year / yr
+5.9%

Relative price

vs U.S.
-3.3%
vs metro
+8.4%
vs state
+25.6%
ZIP 44060 location in OH
Location of ZIP 44060 in OH

Price history

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

The typical home in 44060 is worth $274,719 — 8.4% above the Cleveland, OH median. Over the past year, values have risen 3.9%. Homes here rent for a typical $1,554 a month — a 6.8% gross rental yield. 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
$1,554[2]
Gross yield
6.8%[2]
Cap rate
4.1%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$3,869[3]

#Climate risk

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

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

#Who lives here

Population
60,779[3]
Median household income
$87,599[3]

#Migration

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

Net migration
+217[5]
Moved in
5,109
Moved out
4,892

Schools

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

Public schools
13
Elementary
7
Middle
2
High
1
  • Mentor High School

    High · Grades 9–12 · Mentor Exempted Village

    2,318 students

  • Memorial Middle School

    Middle · Grades 6–8 · Mentor Exempted Village

    848 students

  • Shore Middle School

    Middle · Grades 6–8 · Mentor Exempted Village

    757 students

  • Ridge Elementary School

    Elementary · Grades K–5 · Mentor Exempted Village

    681 students

  • Hopkins Elementary School

    Elementary · Grades K–5 · Mentor Exempted Village

    471 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 yield6.8%
Net yield (after ~40% expenses)4.1%
Annual rent$18,643

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$1,389
Loan principal$219,775
Down payment$54,944
Total interest paid$280,311

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 ratio1.25
Monthly cost to own$1,941
Monthly rent$1,554

Renting is meaningfully cheaper month-to-month.

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
27th percentile[1]
Rental yield
35th percentile[2]
Property tax
49th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 44060?
The typical home in 44060 is worth $274,719, based on the Zillow Home Value Index.
Are home values rising in 44060?
Home values in 44060 are up 3.9% over the past year, and up 5.9% a year over five years.
What is the typical rent in 44060?
A typical home in 44060 rents for about $1,554 a month, a gross rental yield of 6.8%.
What is the property tax rate in 44060?
The effective property tax rate in 44060 is 1.4% — roughly $3,869 a year on a typical home.
Who lives in 44060?
ZIP code 44060 has a population of 60,779 and a median household income of $87,599.

#Comparable ZIPs

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

  • North Olmsted, OH

    Typical home
    $274,908
    Gross yield
    7.1%
  • Oberlin, OH

    Typical home
    $274,105
    Gross yield
  • Amherst, OH

    Typical home
    $278,842
    Gross yield
  • Roaming Shores, OH

    Typical home
    $269,165
    Gross yield
  • Austinburg CDP, OH

    Typical home
    $268,654
    Gross yield
  • Fairview Park, OH

    Typical home
    $282,880
    Gross yield

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