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Economy in Bay Village, Ohio

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBay Village, OHUnited States
Unemployment Rate8.40%9.10%
Recent Job Growth1.00%-0.12%
Future Job Growth33.60%31.25%
Sales Taxes7.75%6.80%
Income Taxes8.37%6.25%
Income per Cap.$41,875$27,067
Household Income$84,361$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K4.91%12.10%
Income between 15K and 25K4.52%10.18%
Income between 25K and 35K5.62%10.56%
Income between 35K and 50K10.50%14.98%
Income between 50K and 75K18.03%19.53%
Income between 75K and 100K17.80%12.52%
Income between 100K and 150K23.03%12.14%
Income between 150K and 250K6.22%3.91%
Income between 250K and 500K7.71%3.34%
Income greater than 500K1.67%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations23.89%13.81%
Professional and Related Occupations29.41%22.68%
Service8.41%14.51%
Sales and Office27.11%25.22%
Farming, Fishing, and Forestry0.05%0.68%
Construction, Extraction, and Maintenance3.95%9.37%
Production, Transportation, and Material Moving7.74%15.86%
Median Household Income

The unemployment rate in Bay Village, OH, is 8.40%, with job growth of 1.00%. Future job growth over the next ten years is predicted to be 33.60%.

Bay Village, OH Taxes

Bay Village, OH,sales tax rate is 7.75%. Income tax is 8.37%.

Bay Village, OH Income and Salaries

The income per capita is $41,875, which includes all adults and children. The median household income is $84,361.


Bay Village Economy SperlingViews

great place to raise a family: Bay is a Norman Rockwell kind of place. Very family oriented, great schools, caring, kind people. Beautiful lakefront homes, small bungalows and lots in between. People... (read more)Have an opinion about Bay Village? Leave a commentTo See All SperlingViews for Bay Village Click Here