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Top Reasons To Live In Chippewa Lake, OH In 2024

Chippewa Lake is located in Medina, Ohio, with an estimated municipal population of 745 residents. All of the best foreclosed homes for sale in Chippewa Lake are located in the following zip code areas on Foreclosure.com: 44215. The estimated population per square kilometer (.62 miles) in Chippewa Lake is 1,165.


Cost Of Living In Chippewa Lake, OH

So, about how much do homes cost in Chippewa Lake? The most recent median value of resident-owned homes in Chippewa Lake is 136,859. An estimated 71.4 percent of households in Chippewa Lake own their homes, with an average family size of 2.96. The median household income in Chippewa Lake is 58,250, with20.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Chippewa Lake, the median commute time of resident workers (in minutes) is 30.1. And last, but certainly not least, are you looking for homes to rent in Chippewa Lake? If so, the average rent price paid by renters in Chippewa Lake is 973, according to recent statistics.


Diversity And Demographics In Chippewa Lake, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Chippewa Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Chippewa Lake is 49.8, split between 52.3 percent male versus 47.7 female. The percentage of residents who report being married in Chippewa Lake is 46.6, with an average family size of 2.96.

The percentage of residents who report their race in Chippewa Lake is as follows:

White 95.8%
Black / African American 1.1%
Asian 2%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 1%

Looking for family-friendly neighborhoods in and/or near Chippewa Lake? Or maybe you are searching for 55+ active adult communities in and/or near Chippewa Lake?

The percentage of residents who report their age in Chippewa Lake is as follows:

Under 10 9.7%
Aged 10-19 10.3%
20s 13.2%
30s 7.8%
40s 9.3%
50s 13%
60s 20.7%
70s 12%
80+ 3.9%

Best Schools In Chippewa Lake, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Chippewa Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Chippewa Lake.


Pros And Cons Of Living In Chippewa Lake, Ohio

How do you know that living in -- or moving to -- Chippewa Lake is right where you need to be? Perhaps you grew up in Chippewa Lake or already live nearby; therefore, the decision to buy a home in Chippewa Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Chippewa Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Chippewa Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Chippewa Lake.


Reasons To Move To Chippewa Lake, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Chippewa Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Chippewa Lake, meanwhile, can field multiple offers from more qualified buyers.

Chippewa Lake, OH Foreclosures


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