Zip 44022 (Chagrin Falls, OH) Economy


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United States / Ohio / Cleveland-Elyria Metro Area / Cuyahoga County / No City / Chagrin Falls (zip 44022)
Chagrin Falls, Ohio is a beautiful suburb of Cleveland located in 44022. The population of Chagrin Falls is estimated at 4,156 people as of 2018. This area offers the benefits of a smaller town feel combined with close access to many attractions and major cities. The average two bedroom rent in Chagrin Falls is $1,520 per month versus $1,430 for the US on average. In addition to being more affordable than major cities around it, the grocery cost index in this area is 106 versus 100 for the US on average.
Chagrin Falls offers its residents many local attractions and businesses including classic ice cream shop Spillers Bakery, sandwich cafe Melt Bar & Grilled, and historic movie theatre La Place Theatre. Visitors can explore unique shops along Main Street or take a walk through one of the many parks scattered throughout town like Irwin Park and Golf Course or River Street Park. With easy access to Cleveland just 30 miles away, Chagrin Falls provides its residents with an unbeatable combination of small-town living with access to big city amenities.

Chagrin Falls (zip 44022) has an unemployment rate of 5.5%. The US average is 6.0%.

Chagrin Falls (zip 44022) 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 Chagrin Falls (zip 44022)
- The Sales Tax Rate for Chagrin Falls (zip 44022) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chagrin Falls (zip 44022) is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chagrin Falls (zip 44022)
- The average income of a Chagrin Falls (zip 44022) resident is $64,035 a year. The US average is $28,555 a year.
- The Median household income of a Chagrin Falls (zip 44022) resident is $134,325 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChagrin Falls, OhioUnited States
  5.56
  -10.1%-6.2%
  23.4%33.5%
  8.0%6.2%
  3.5%4.6%
  $90,826$37,638
  $134,325$69,021
  $157,266$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.2%6.8%
  13.2%10.0%
  3.4%2.5%
  7.1%11.0%
  1.3%4.8%
  1.4%0.8%
  2.8%1.9%
  9.3%4.7%
  3.9%1.9%
  13.7%7.6%
  0.2%0.1%
  1.6%4.2%
  10.1%9.3%
  15.5%14.0%
  1.8%2.1%
  4.7%7.0%
  3.6%4.8%
  2.2%4.7%
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