Willoughby Hills, OH Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Willoughby Hills, OH is a vibrant city located just outside of Cleveland. It is known for its family-friendly atmosphere with plenty of attractions and amenities. Rent in Willoughby Hills is quite affordable, with two-bedroom apartments averaging around $1,120 per month compared to the US average of $1,430. In addition to low housing costs, groceries in Willoughby Hills are also relatively inexpensive with the Grocery Cost Index at 98 compared to 100 in the US. The area has a number of great local businesses and attractions such as Wild Water Kingdom Park for outdoor activities, The Bounce Spot for fun and games, Mitchell's Homemade Ice Cream for delicious treats, and Heinen's Grocery Store for all essential items. With so much to do and see in Willoughby Hills, it is an ideal place to live, work or visit.

Willoughby Hills has an unemployment rate of 4.5%. The US average is 6.0%.

Willoughby Hills 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 Willoughby Hills
- The Sales Tax Rate for Willoughby Hills is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Willoughby Hills 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 Willoughby Hills
- The average income of a Willoughby Hills resident is $33,972 a year. The US average is $28,555 a year.
- The Median household income of a Willoughby Hills resident is $61,185 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilloughby Hills, OhioUnited States
  4.56
  -10.1%-6.2%
  24.5%33.5%
  7.0%6.2%
  5.2%4.6%
  $45,573$37,638
  $61,185$69,021
  $89,151$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.1%6.8%
  12.1%10.0%
  4.3%2.5%
  6.8%11.0%
  2.3%4.8%
  0.6%0.8%
  2.3%1.9%
  11.7%4.7%
  1.8%1.9%
  11.6%7.6%
  0.5%0.1%
  1.7%4.2%
  7.6%9.3%
  16.4%14.0%
  1.4%2.1%
  4.5%7.0%
  4.0%4.8%
  6.4%4.7%
Reviews for Willoughby Hills
    See all ()

Over 15 years ago

I have lived in Willoughby Hills, Ohio for the last 5 years with my wife and three children. We picked this location to build a house because of the rural attributes.   More

   |    Reply

Start Your Review of Willoughby Hills

Health
Compare Willoughby Hills, OH
cost of living
Compare food, housing, utilities, and more in Willoughby Hills, Ohio to any other city in the US.