Rocky River, OH (44116) is a charming suburb of Cleveland located along the picturesque Rocky River. It has a population of 20,213 people according to the most recent census data. The median rent for a two-bedroom apartment in Rocky River is $1,050 compared to $1,430 nationally. In addition, the Grocery Cost Index in Rocky River is 103 versus 100 nationally. This area offers many local amenities and businesses such as Rocky River Coffee Company, The Bottlehouse Brewery & Meadery, and Kula’s Café & Creamery. Residents living in Rocky River enjoy lower rental prices than most other areas and can find groceries at more competitive prices due to its high grocery cost index.
Rocky River (zip 44116) has an unemployment rate of 5.5%. The US average is 6.0%.
Rocky River (zip 44116) 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 Rocky River (zip 44116)
- The Sales Tax Rate for Rocky River (zip 44116) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Rocky River (zip 44116) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Rocky River (zip 44116)
- The average income of a Rocky River (zip 44116) resident is $43,636 a year. The US average is $28,555 a year.
- The Median household income of a Rocky River (zip 44116) resident is $83,524 a year. The US average is $69,021 a year.