Mayfield Heights, OH is a great place to live. It has a wide variety of local businesses including grocery stores, restaurants, and retail stores. The cost of living in Mayfield Heights is quite reasonable. The average two bedroom rent is $1,230 which is lower than the national average for two-bedroom rent ($1,430). Also, the grocery cost index in Mayfield Heights is 98 compared to 100 in the US-- meaning that it's cheaper to buy groceries here than in other parts of the country. All in all, Mayfield Heights is an affordable place to live with plenty of amenities and local businesses to explore.
Mayfield Heights has an unemployment rate of 5.5%. The US average is 6.0%.
Mayfield Heights has seen the job market decrease by -10.1% 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 Mayfield Heights
- The Sales Tax Rate for Mayfield Heights is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Mayfield Heights is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mayfield Heights
- The average income of a Mayfield Heights resident is $37,629 a year. The US average is $37,638 a year.
- The Median household income of a Mayfield Heights resident is $59,322 a year. The US average is $69,021 a year.