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2024 Compare Cities Economy:
Cleveland, OH vs Lakewood, OH

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Highlights
- Household income in Lakewood, is 71% more than it is in Cleveland and is 20% below the National Average.
- Cleveland unemployment rate is 6.8%.
- Lakewood unemployment rate is 5.2%.

Economy
 Cleveland, OHLakewood, OHUnited States
 Unemployment Rate6.8%5.2%6.0%
 Recent Job Growth1.0%1.0%1.6%
 Future Job Growth21.4%24.8%33.5%
 Sales Taxes8.0%8.0%6.2%
 Income Taxes5.5%5.0%4.6%
 Income per Cap.$23,415$40,959$37,638
 Household Income$33,678$57,588$69,021
 Family Median Income$42,107$86,597$85,028
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 Est. Households By Income
 Cleveland, OHLakewood, OHUnited States
 Income Less Than 15K25.4%10.8%9.4%
 Income between 15K and 20K7.7%4.1%3.8%
 Income between 20K and 30K12.2%9.0%8.1%
 Income between 30K and 40K11.6%9.4%8.0%
 Income between 40K and 50K8.5%9.1%7.6%
 Income between 50K and 60K6.8%9.2%7.2%
 Income between 60K and 75K7.9%11.3%9.6%
 Income between 75K and 100K8.7%11.2%12.8%
 Income between 100K and 150K7.0%13.3%16.3%
 Income between 150K and 200K2.5%7.1%7.8%
 Income greater than 200K1.9%5.5%9.5%
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 Population By Occupation
 Cleveland, OHLakewood, OHUnited States
 Management, business, finance11.7%20.3%16.4%
 Engineering, computers, science4.4%8.5%6.5%
 Community, social services2.3%2.5%1.8%
 Legal1.0%1.6%1.2%
 Education, library4.1%6.5%6.2%
 Arts, design, media, sports, entertainment1.6%3.5%2.0%
 Healthcare practitioners and technology6.2%8.7%6.2%
 Healthcare support6.5%1.7%3.3%
 Firefighters, law enforcement2.5%1.5%2.1%
 Food preparation, serving7.0%7.3%5.4%
 Building maintenance5.1%3.1%3.6%
 Personal care2.7%2.8%2.6%
 Sales, office, administrative support21.1%19.8%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair5.6%4.1%8.1%
 Production, transportation, material moving18.0%7.8%13.1%

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Reviews for Cleveland    95 Reviews

Over 2 years ago

I live in a suburb right outside of Cleveland. I fear Cleveland gets a bad wrap in many people eyes. Although many families moved to the area for steel and auto  More

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I relocated to Cleveland 8 months ago from south of Columbus, OH. Having spent a lot of time in Columbus and central Ohio, I wanted to change. So I spontaneously decided  More

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Lived in Cleveland for 10 years. Loved it. Of course it has its issues, but there are a lot of great things about this city, and the people that live there should  More

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Reviews for Lakewood    7 Reviews

Over 10 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

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Over 11 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

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Over 11 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

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ZIPS IN CLEVELAND, OHIO
44102, 44111, 44109, 44105, 44120, 44128, 44135, 44106, 44108, 44104, 18 total
ZIPS IN LAKEWOOD, OHIO
44107

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