Chesterland, OH Economy


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Chesterland, OH is a small city located in the state of Ohio. It has a population of about 4,500 people and offers a variety of services from local businesses. The 2 bedroom rental in the area is more affordable than that of the national average, at $1,350 per month compared to $1,430. Additionally, the grocery cost index in Chesterland is 102 versus 100 in the US.
Chesterland is home to several local companies including Advanced Automation Technologies, Perfection Dental Technology, and Great Lakes Fasteners & Supply Company. These businesses provide essential services for people living in or near Chesterland. They also help keep prices reasonable for essentials like food and housing by providing employment opportunities within the community.

Chesterland has an unemployment rate of 3.2%. The US average is 6.0%.

Chesterland has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Chesterland
- The Sales Tax Rate for Chesterland is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Chesterland is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chesterland
- The average income of a Chesterland resident is $32,241 a year. The US average is $28,555 a year.
- The Median household income of a Chesterland resident is $87,050 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterland, OhioUnited States
  3.26
  -9.7%-6.2%
  24.0%33.5%
  6.8%6.2%
  3.5%4.6%
  $39,718$37,638
  $87,050$69,021
  $92,994$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.2%6.8%
  21.0%10.0%
  1.0%2.5%
  11.0%11.0%
  1.6%4.8%
  0.2%0.8%
  0.9%1.9%
  5.3%4.7%
  1.9%1.9%
  6.9%7.6%
  0.0%0.1%
  3.3%4.2%
  5.7%9.3%
  9.9%14.0%
  2.2%2.1%
  3.9%7.0%
  8.1%4.8%
  6.9%4.7%
Reviews for Chesterland
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Over 16 years ago

The township is 30 miles SE of Cleveland. Close enough to visit but far enough to be in a different world. Chester township is mostly residential with approx 2 acre  More

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