Willowick, OH is a great place for those looking to save money without sacrificing quality of life. The average two-bedroom rent in Willowick is $1,050 per month compared to the US average of $1,430. Similarly, the grocery cost index is 96 compared to 100 nationally. Those interested in living in this area can find employment at local businesses such as Moody Construction and Quality Cutters Landscaping & Nursery. Other notable companies include Goodison Refrigeration & Air Conditioning Co., O’Reilly Detail Interiors, and Acme Steel Supply Inc. With many housing and job opportunities available at a more affordable rate than other areas, Willowick, OH is an attractive option for those looking for a quality but economical lifestyle.
Willowick has an unemployment rate of 4.5%. The US average is 6.0%.
Willowick has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Willowick
- The Sales Tax Rate for Willowick is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Willowick 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 Willowick
- The average income of a Willowick resident is $25,569 a year. The US average is $28,555 a year.
- The Median household income of a Willowick resident is $67,340 a year. The US average is $69,021 a year.