Zip 44147 (Broadview Heights, OH) Economy


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Broadview Heights, Ohio, is a vibrant community located just outside Cleveland. Known for its modern conveniences and attractive housing developments, it is an ideal place to call home. According to recent data, the average 2 bedroom rent in Broadview Heights is $1,030 – which is notably less than the US average of $1,430. The grocery cost index for this area also tends to be slightly higher than the national average at 102 versus 100. This means that the cost of living in Broadview Heights is generally quite reasonable.
Because of its close proximity to Cleveland, many locals take advantage of the city’s cultural offerings without having to pay downtown prices. Several local businesses like The Broadview Heights Recreation Center and City Hall have recently been renovated allowing citizens easy access to basic services at an affordable rate. Additionally, there are numerous restaurants and stores throughout the area that offer competitive prices on goods and services. All in all, 44147 Broadview Heights offers a unique opportunity for residents looking for a balanced lifestyle with reasonable costs associated with it.

Broadview Heights (zip 44147) has an unemployment rate of 5.5%. The US average is 6.0%.

Broadview Heights (zip 44147) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Broadview Heights (zip 44147)
- The Sales Tax Rate for Broadview Heights (zip 44147) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Broadview Heights (zip 44147) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Broadview Heights (zip 44147)
- The average income of a Broadview Heights (zip 44147) resident is $40,168 a year. The US average is $28,555 a year.
- The Median household income of a Broadview Heights (zip 44147) resident is $91,181 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBroadview Heights, OhioUnited States
  5.56
  -10.1%-6.2%
  23.4%33.5%
  8.0%6.2%
  5.5%4.6%
  $53,061$37,638
  $91,181$69,021
  $112,341$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.0%6.8%
  12.5%10.0%
  3.1%2.5%
  8.2%11.0%
  2.9%4.8%
  1.2%0.8%
  2.1%1.9%
  8.4%4.7%
  1.1%1.9%
  10.2%7.6%
  0.6%0.1%
  2.9%4.2%
  8.2%9.3%
  16.2%14.0%
  2.0%2.1%
  7.1%7.0%
  4.4%4.8%
  2.9%4.7%
Health