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Area. City and Neiehhorhood Analpsis Reeianaf Data The subject property is situated in the City of North Olmsted in Cuyahoga County, Ohio. North Olmsted is part of the Cleveland -Elyria MSA which covers five counties and had a population of 2.088 million people in 2020, up slightly from previous estimates, with a median age of 41.3. The median household income was $52,489. The economy of the Cleveland -Elyria MSA employs 992,000 people. The MSA mnks 34Th largest nationally and the northeast Ohio area, part of the Cleveland—Akron—Canton Combined Statistical Area ranks ITh largest nationally with a population of 3.5 million people. Cuyahoga County, housing the City of Cleveland, had a population 1,264,817 in 2020, down 1.2% from the previous decrease of 8.5% over the previous decade. The population of the surrounding suburban areas was more stable with a small overall loss but growth in some new outlying areas, while the older central core area decreased. The Cleveland -Akron -Canton Combined Statistical Area is commonly referred to as Northeast Ohio and covers 19 counties with about 4.5 million people with a labor force of about 2.2 million and an economic GDP of $195 billion. According to the 2020 figures of the Census Bureau, the City of Cleveland had a population of 372,624 persons. This represents a 6% decrease from 2010 which was 17.1% lower than the 2000 census of 478,403. This is characteristic, however, of most major northern industrial cities in the United States. As pointed out, the population of the surrounding suburban areas was more stable with a small overall loss but growth in some new outlying areas, while the older central core area decreased. More than half the population of the United States resides within 500 miles of the State of Ohio. This is a very centrally located area with respect to population and, hence, markets as it is almost equidistant between New York and Chicago. New York is 576 miles to the east and Chicago is 339 miles to the west. The area supports an extensive system of interstate highways and freeways. Interstates 480, 271, 71, 77 and 90 are all fairly convenient and provide good access to the central portion of the City of Cleveland and its surrounding suburbs. Greater Cleveland developed as a heavy manufacturing center because of its strategic location with respect to both raw materials and the population centers. In the past, however, some manufacturing industries have left the area in favor of a more temperate climate and lower-cost non-union facilities. 11. BRAMAN & CO, INCL - ace( nst w Appreiwls & Cm,s,.I iq www. cpboo.cmn