Zip 44077 (Painesville, OH) Economy


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United States / Ohio / Cleveland-Elyria Metro Area / Lake County / No City / Painesville (zip 44077)
Painesville, OH (44077) is an ideal place to live and work. It offers plenty of local amenities, such as retail stores, restaurants, and entertainment venues. The average two-bedroom rental cost in Painesville is $1,020 per month - much lower than the US average of $1,430. Grocery costs in Painesville are also lower than the US average with a grocery cost index of 97 versus 100 in the US. \nThe city also has a plethora of businesses that employ local residents. Prominent businesses include Lake Health Hospital System, ArcelorMittal Steel Plant, and Mentor Public Schools. Other employers include Liberty Ford Automotive Group, Stouffer's Foods Corporation and Resort at Squaw Creek. Painesville is a great place to live for those seeking employment opportunities and affordable housing options.

Painesville (zip 44077) has an unemployment rate of 4.5%. The US average is 6.0%.

Painesville (zip 44077) 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 Painesville (zip 44077)
- The Sales Tax Rate for Painesville (zip 44077) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Painesville (zip 44077) 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 Painesville (zip 44077)
- The average income of a Painesville (zip 44077) resident is $28,377 a year. The US average is $28,555 a year.
- The Median household income of a Painesville (zip 44077) resident is $73,953 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPainesville, OhioUnited States
  4.56
  -10.1%-6.2%
  24.5%33.5%
  7.0%6.2%
  3.5%4.6%
  $37,085$37,638
  $73,953$69,021
  $91,888$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  5.2%6.8%
  21.7%10.0%
  2.5%2.5%
  10.3%11.0%
  2.8%4.8%
  0.7%0.8%
  1.3%1.9%
  5.0%4.7%
  2.6%1.9%
  5.1%7.6%
  0.1%0.1%
  4.0%4.2%
  7.2%9.3%
  13.9%14.0%
  2.4%2.1%
  6.5%7.0%
  4.7%4.8%
  3.3%4.7%
Reviews for Painesville
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Over 16 years ago

Our neighborhood is a small twp. in Northeast Ohio. We are located about 5 miles from Mentor, Ohio 44060 which is another beautiful place to live. We are about 6  More

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Over 16 years ago

44077 serves both Painesville city area and Leroy township. The township is a mixture of farms, country lots. You don't have the look of developments and malls, strip  More

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