Eastlake, OH Economy


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Eastlake, OH is a vibrant city with much to offer its residents. The average two bedroom rent in Eastlake is slightly lower than the nation at $1,050 versus $1,430 respectively. Grocery costs are also relatively low with the index 96 compared to the US index of 100. The city offers many local businesses and attractions such as Davey's Bar & Grill, Gillece Plumbing Services, and the Lake County Captains Stadium. There are plenty of outdoor activities available for residents in Eastlake including hiking trails along Lake Erie and camping sites at Headlands Beach State Park. In addition, there are several museums and art galleries in the area showcasing local artwork as well as historical artifacts from Eastlake's past.

Eastlake has an unemployment rate of 4.5%. The US average is 6.0%.

Eastlake 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 Eastlake
- The Sales Tax Rate for Eastlake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Eastlake 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 Eastlake
- The average income of a Eastlake resident is $25,333 a year. The US average is $28,555 a year.
- The Median household income of a Eastlake resident is $55,931 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEastlake, OhioUnited States
  4.56
  -10.1%-6.2%
  24.5%33.5%
  7.0%6.2%
  5.5%4.6%
  $31,544$37,638
  $55,931$69,021
  $72,798$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.4%6.8%
  21.1%10.0%
  3.7%2.5%
  8.4%11.0%
  6.1%4.8%
  0.5%0.8%
  0.2%1.9%
  6.1%4.7%
  1.2%1.9%
  5.5%7.6%
  0.0%0.1%
  3.0%4.2%
  7.1%9.3%
  15.4%14.0%
  0.9%2.1%
  7.5%7.0%
  4.5%4.8%
  2.4%4.7%
Reviews for Eastlake
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Over 16 years ago

If you are looking to buy in lake county area in ohio just be careful cause alot of homes are over priced because of 2nd mortgages and financal burdens of the dying  More

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Over 17 years ago

little crime police and shierff deparment works the area schools are the best to none in mostly white neighboorhood and they have really good 911  More

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