Zip 44124 (Mayfield Heights, OH) Economy


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Mayfield Heights, OH is a great place to live with an affordable 2 bedroom rent of $1,230. The US average is $1,430, making it a very desirable location for those looking to save money while still maintaining a high quality of life. The Grocery Cost Index in Mayfield Heights stands at 98 compared to the US average of 100 which means groceries are cheaper in Mayfield Heights. The area offers a range of businesses such as Utopia Window & Door Inc., Cuyahoga Valley Plumbing Co., Mayfield Home Improvement Co., Shine Builders LLC, and countless other companies that provide excellent services to the residents of this city.

Mayfield Heights (zip 44124) has an unemployment rate of 5.5%. The US average is 6.0%.

Mayfield Heights (zip 44124) 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 Mayfield Heights (zip 44124)
- The Sales Tax Rate for Mayfield Heights (zip 44124) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Mayfield Heights (zip 44124) 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 (zip 44124)
- The average income of a Mayfield Heights (zip 44124) resident is $38,086 a year. The US average is $28,555 a year.
- The Median household income of a Mayfield Heights (zip 44124) resident is $69,965 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMayfield Heights, OhioUnited States
  5.56
  -10.1%-6.2%
  23.4%33.5%
  8.0%6.2%
  4.5%4.6%
  $50,050$37,638
  $69,965$69,021
  $92,444$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  4.2%6.8%
  8.8%10.0%
  2.3%2.5%
  10.0%11.0%
  3.0%4.8%
  0.3%0.8%
  1.1%1.9%
  9.5%4.7%
  2.9%1.9%
  11.0%7.6%
  0.2%0.1%
  3.8%4.2%
  8.9%9.3%
  20.0%14.0%
  1.6%2.1%
  4.5%7.0%
  4.2%4.8%
  3.5%4.7%
Reviews for Mayfield Heights
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Over 17 years ago

Lyndhurst is a nice community. It is small, but does not feel small since it is surrounded by several other Cleveland suburbs. The city government is very committed and  More

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