University Heights, OH Economy


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University Heights, OH is a city located in Cuyahoga County, close to Cleveland. University Heights has many locally owned companies including Bank of America, Panera Bread, and Dollar General. The cost of living in the city is relatively low compared to other parts of Ohio and the US. The median 2 bedroom rent for University Heights is $1,160 whereas it’s $1,430 in the US as a whole. Additionally, the grocery cost index for University Heights is 97 compared to 100 in the US. Overall, University Heights is an affordable place to live with plenty of local businesses to check out!

University Heights has an unemployment rate of 5.5%. The US average is 6.0%.

University Heights has seen the job market increase by 1.0% 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 University Heights
- The Sales Tax Rate for University Heights is 8.0%. The US average is 7.3%.
- The Income Tax Rate for University Heights 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 University Heights
- The average income of a University Heights resident is $31,540 a year. The US average is $28,555 a year.
- The Median household income of a University Heights resident is $81,481 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUniversity Heights, OhioUnited States
  5.56
  -10.1%-6.2%
  23.4%33.5%
  8.0%6.2%
  5.5%4.6%
  $38,021$37,638
  $81,481$69,021
  $104,299$85,028
  Population by Occupation
  0.1%1.2%
  0.3%0.5%
  2.2%6.8%
  9.2%10.0%
  2.6%2.5%
  7.8%11.0%
  2.9%4.8%
  0.1%0.8%
  1.0%1.9%
  7.4%4.7%
  1.8%1.9%
  8.8%7.6%
  0.1%0.1%
  2.1%4.2%
  18.8%9.3%
  19.9%14.0%
  2.0%2.1%
  7.1%7.0%
  3.9%4.8%
  1.9%4.7%
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