44054 Sheffield Lake, OH is a vibrant community with many local businesses and companies. It has an excellent quality of living, with the median 2 bedroom rent being $1,120 and grocery cost index at 96 versus the US average of 100. The area boasts many shops, restaurants, and services such as High Demand Electric Ltd., an electrical contractor; Oldies But Goodies Market, a specialty food market; and Dolce Jewellery & Gifts, an independent jewelry store. It also has a variety of professional services including Sheffield Lake Chiropractic Clinic for healthcare needs, Wright Group Properties for real estate needs and Sheffield Lake Law Office for legal advice. All in all, 44054 Sheffield Lake is a great place to live or visit with plenty of options to make it your own.
Sheffield Lake (zip 44054) has an unemployment rate of 4.2%. The US average is 6.0%.
Sheffield Lake (zip 44054) has seen the job market decrease by -10.0% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Sheffield Lake (zip 44054)
- The Sales Tax Rate for Sheffield Lake (zip 44054) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sheffield Lake (zip 44054) is 6.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sheffield Lake (zip 44054)
- The average income of a Sheffield Lake (zip 44054) resident is $37,186 a year. The US average is $37,638 a year.
- The Median household income of a Sheffield Lake (zip 44054) resident is $69,693 a year. The US average is $69,021 a year.