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2024 Compare Cities Economy:
Lakewood, OH vs Shaker Heights, OH

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Highlights
- Household income in Shaker Heights, is 61% more than it is in Lakewood and is 25% above the National Average.
- Lakewood unemployment rate is 5.2%.
- Shaker Heights unemployment rate is 4.6%.

Economy
 Lakewood, OHShaker Heights, OHUnited States
 Unemployment Rate5.2%4.6%6.0%
 Recent Job Growth1.0%1.0%1.6%
 Future Job Growth24.8%24.7%33.5%
 Sales Taxes8.0%8.0%6.2%
 Income Taxes5.0%5.2%4.6%
 Income per Cap.$40,959$63,859$37,638
 Household Income$57,588$92,463$69,021
 Family Median Income$86,597$127,517$85,028
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 Est. Households By Income
 Lakewood, OHShaker Heights, OHUnited States
 Income Less Than 15K10.8%7.2%9.4%
 Income between 15K and 20K4.1%3.0%3.8%
 Income between 20K and 30K9.0%5.8%8.1%
 Income between 30K and 40K9.4%6.0%8.0%
 Income between 40K and 50K9.1%6.2%7.6%
 Income between 50K and 60K9.2%6.1%7.2%
 Income between 60K and 75K11.3%7.7%9.6%
 Income between 75K and 100K11.2%11.2%12.8%
 Income between 100K and 150K13.3%16.1%16.3%
 Income between 150K and 200K7.1%8.1%7.8%
 Income greater than 200K5.5%22.6%9.5%
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 Population By Occupation
 Lakewood, OHShaker Heights, OHUnited States
 Management, business, finance20.3%22.3%16.4%
 Engineering, computers, science8.5%8.7%6.5%
 Community, social services2.5%3.1%1.8%
 Legal1.6%4.5%1.2%
 Education, library6.5%10.9%6.2%
 Arts, design, media, sports, entertainment3.5%3.0%2.0%
 Healthcare practitioners and technology8.7%14.9%6.2%
 Healthcare support1.7%1.7%3.3%
 Firefighters, law enforcement1.5%0.7%2.1%
 Food preparation, serving7.3%4.6%5.4%
 Building maintenance3.1%1.1%3.6%
 Personal care2.8%2.9%2.6%
 Sales, office, administrative support19.8%14.9%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair4.1%2.1%8.1%
 Production, transportation, material moving7.8%4.5%13.1%

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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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Reviews for Shaker Heights    7 Reviews

Over 9 years ago

Shaker Heights has superb options for education, in both the public or private schools. The city libraries are excellent.   More

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A very diverse place to be, it mixes the rich with the poor, the good with the bad, the have's with the have nots. I have lived in the area for more than 30 years, even  More

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Over 13 years ago

Shaker Heights schools just aren't what they used to be. Parents could do much better elsewhere and save themselves a lot of money in the process since Shaker Heights  More

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ZIPS IN LAKEWOOD, OHIO
44107
ZIPS IN SHAKER HEIGHTS, OHIO
44122

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