Zip 44117 (Euclid, OH) Economy


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Euclid, OH (44117) is a great place for those looking for an affordable living. The 2 bedroom rent of $790 in this area makes it much more cost-effective than the US average of $1,430. Additionally, the Grocery Cost Index in Euclid is 95 compared to 100 in the US. This means that grocery costs are lower in comparison and can be managed with lesser money. Local companies like Ugly Duck Car Wash, J&B Auto, and Clean Master Carpet Care are all excellent options when considering budget-friendly services. Euclid also has several shopping destinations such as Walmart Supercenter and Home Depot that offer products at competitive prices. With its cost-efficient rental rates and low grocery costs, Euclid provides an ideal environment for an affordable lifestyle.

Euclid (zip 44117) has an unemployment rate of 6.4%. The US average is 6.0%.

Euclid (zip 44117) has seen the job market decrease by -10.1% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.

Tax Rates for Euclid (zip 44117)
- The Sales Tax Rate for Euclid (zip 44117) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Euclid (zip 44117) is 6.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Euclid (zip 44117)
- The average income of a Euclid (zip 44117) resident is $27,848 a year. The US average is $37,638 a year.
- The Median household income of a Euclid (zip 44117) resident is $40,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEuclid, OhioUnited States
  6.46
  -10.1%-6.2%
  21.8%33.5%
  8.0%6.2%
  6.3%4.6%
  $27,848$37,638
  $40,028$69,021
  $59,421$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  1.4%6.8%
  18.3%10.0%
  0.6%2.5%
  7.6%11.0%
  3.8%4.8%
  0.8%0.8%
  0.1%1.9%
  10.3%4.7%
  1.4%1.9%
  6.3%7.6%
  0.0%0.1%
  3.3%4.2%
  9.8%9.3%
  15.5%14.0%
  3.4%2.1%
  7.8%7.0%
  5.1%4.8%
  4.2%4.7%
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