South Russell, OH is a small suburban town located in the Greater Cleveland area. It is home to popular businesses such as Giant Eagle grocery store, Lowes Hardware, Target, Panera Bread and Starbucks Coffee. South Russell has a higher cost of living than the US average, with two-bedroom rental prices averaging $1,520 per month compared to the national average of $1,430. Grocery prices in South Russell have an index of 106 compared to 100 for the rest of the country. Despite its higher than average costs, residents are proud to call South Russell home and enjoy all that it has to offer.
South Russell has an unemployment rate of 3.2%. The US average is 6.0%.
South Russell 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 South Russell
- The Sales Tax Rate for South Russell is 6.8%. The US average is 7.3%.
- The Income Tax Rate for South Russell is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for South Russell
- The average income of a South Russell resident is $58,140 a year. The US average is $28,555 a year.
- The Median household income of a South Russell resident is $156,875 a year. The US average is $69,021 a year.