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

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Highlights
- Household income in Lakewood, is 35% less than it is in Sheffield and is 20% below the National Average.
- Sheffield unemployment rate is 4.2%.
- Lakewood unemployment rate is 5.2%.
 Sheffield, OHLakewood, OHUnited States
 Unemployment Rate4.2%5.2%6.0%
 Recent Job Growth0.8%1.0%1.6%
 Future Job Growth24.7%24.8%33.5%
 Sales Taxes6.8%8.0%6.2%
 Income Taxes5.0%5.0%4.6%
 Income per Cap.$42,917$40,959$37,638
 Household Income$88,310$57,588$69,021
 Family Median Income$95,188$86,597$85,028
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 Est. Households By Income
 Sheffield, OHLakewood, OHUnited States
 Income Less Than 15K1.2%10.8%9.4%
 Income between 15K and 20K1.0%4.1%3.8%
 Income between 20K and 30K5.0%9.0%8.1%
 Income between 30K and 40K6.1%9.4%8.0%
 Income between 40K and 50K10.5%9.1%7.6%
 Income between 50K and 60K7.0%9.2%7.2%
 Income between 60K and 75K11.5%11.3%9.6%
 Income between 75K and 100K16.1%11.2%12.8%
 Income between 100K and 150K18.7%13.3%16.3%
 Income between 150K and 200K13.4%7.1%7.8%
 Income greater than 200K9.5%5.5%9.5%
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 Population By Occupation
 Sheffield, OHLakewood, OHUnited States
 Management, business, finance13.9%20.3%16.4%
 Engineering, computers, science10.9%8.5%6.5%
 Community, social services0.6%2.5%1.8%
 Legal2.1%1.6%1.2%
 Education, library7.6%6.5%6.2%
 Arts, design, media, sports, entertainment0.4%3.5%2.0%
 Healthcare practitioners and technology4.2%8.7%6.2%
 Healthcare support4.8%1.7%3.3%
 Firefighters, law enforcement0.7%1.5%2.1%
 Food preparation, serving4.3%7.3%5.4%
 Building maintenance2.3%3.1%3.6%
 Personal care3.1%2.8%2.6%
 Sales, office, administrative support21.9%19.8%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair7.9%4.1%8.1%
 Production, transportation, material moving15.2%7.8%13.1%
Reviews for Sheffield    0 Reviews

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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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