Perry

Tucked into Lake County in northeastern Ohio, this small community of 1,628 residents has a housing stock of 605 units, with an owner-occupied rate of 89.8 percent, one of the higher ownership concentrations you will find in the region. The median gross rent comes in at $1,056 per month for the rental units that do exist, reflecting a market where owning is clearly the dominant tenure. Median household income sits at $97,969, indicating that most households here earn well above state and national medians. Residents are primarily commuters, with an average one-way trip to work of 24.7 minutes, and nearly all workers leave home to reach their jobs, as only 0.5 percent work remotely. That combination of a strong ownership culture, relatively high incomes, and moderate commute times points to a community where most residents have put down roots while remaining connected to employment centers elsewhere in Lake County and the broader northeastern Ohio metro area.

Market description generated from current MLS and U.S. Census data.