Bratenahl, OH is a small suburban village located along Lake Erie’s southern shore. It has a population of just under 1,200 people and offers a peaceful atmosphere for its residents. The cost of living in Bratenahl is significantly lower than other cities across the country. For example, Two bedroom rent in Bratenahl is only $790 compared to the US average of $1,430. Additionally, grocery costs are 95 versus 100 in the US as well. This makes it an ideal place for those looking for more affordable housing options without sacrificing quality of life – you’ll still find plenty of local businesses like Maui Wowi coffee bars and Pawn King pawn shops to support your entertainment needs.
Bratenahl has an unemployment rate of 5.5%. The US average is 6.0%.
Bratenahl 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 Bratenahl
- The Sales Tax Rate for Bratenahl is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Bratenahl is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bratenahl
- The average income of a Bratenahl resident is $107,807 a year. The US average is $28,555 a year.
- The Median household income of a Bratenahl resident is $141,250 a year. The US average is $69,021 a year.