South Euclid, OH is a great city for individuals looking for an affordable place to live. According to the content above, the average 2 bedroom rent in South Euclid is $1,090 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in South Euclid is 95 versus 100 in the US which indicates that groceries are less expensive in South Euclid. This makes it a great city for those looking to keep their expenses low but still enjoy a high quality of life. In South Euclid, some local companies include RPM Internationals Inc., The The Andersons Corporation and CipherHealth LLC. All three of these companies offer great job opportunities for residents of South Euclid and contribute to its booming economy. All in all, with its low cost of living and abundance of job opportunities, South Euclid is an ideal city to live and work in.
South Euclid has an unemployment rate of 4.9%. The US average is 6.0%.
South Euclid 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 23.8%, which is lower than the US average of 33.5%.
Tax Rates for South Euclid
- The Sales Tax Rate for South Euclid is 8.0%. The US average is 7.3%.
- The Income Tax Rate for South Euclid is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for South Euclid
- The average income of a South Euclid resident is $27,254 a year. The US average is $28,555 a year.
- The Median household income of a South Euclid resident is $67,619 a year. The US average is $69,021 a year.