Fairport Harbor, OH Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Fairport Harbor, OH is a vibrant and growing community located on Lake Erie. It's a great place to live, with plenty of local amenities and attractions. In terms of cost of living, Fairport Harbor is quite affordable compared to other parts of Ohio. The average rent for a two-bedroom apartment is just $990 per month, which is substantially lower than the United States average of $1,430. Additionally, the grocery cost index in Fairport Harbor sits at 97 compared to 100 in the US, making it an attractive option for those looking to save money while still enjoying all that this area has to offer.
The town offers plenty of local businesses and attractions that help make it an enjoyable place to live. The town’s waterfront provides access to boating, fishing, swimming and more recreational activities. There are also several restaurants in the area such as G & J's Restaurant & Pizzeria and Kontos Pizza & Grille as well as shopping centers like Walmart Supercenter where you can find everything you need.

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

Fairport Harbor 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 Fairport Harbor
- The Sales Tax Rate for Fairport Harbor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Fairport Harbor 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 Fairport Harbor
- The average income of a Fairport Harbor resident is $24,465 a year. The US average is $28,555 a year.
- The Median household income of a Fairport Harbor resident is $50,658 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairport Harbor, OhioUnited States
  4.56
  -10.1%-6.2%
  24.5%33.5%
  7.0%6.2%
  5.5%4.6%
  $29,369$37,638
  $50,658$69,021
  $61,580$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  36.8%10.0%
  3.5%2.5%
  7.6%11.0%
  3.4%4.8%
  0.7%0.8%
  0.0%1.9%
  5.7%4.7%
  2.0%1.9%
  9.2%7.6%
  0.0%0.1%
  2.1%4.2%
  5.6%9.3%
  13.8%14.0%
  0.0%2.1%
  5.4%7.0%
  4.0%4.8%
  0.0%4.7%
Health
Compare Fairport Harbor, OH
cost of living
Compare food, housing, utilities, and more in Fairport Harbor, Ohio to any other city in the US.