Zip 44118 (Cleveland Heights, OH) Economy


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Cleveland Heights, OH (zip code 44118) is an attractive place to live due to its affordable housing. The average two bedroom rent in Cleveland Heights is $1,160 - considerably lower than the US average of $1,430. Additionally, the grocery cost index in Cleveland Heights is 97 compared to a US index of 100 - making it a more cost-efficient area to purchase groceries.
In terms of local attractions and amenities, there's plenty to explore in Cleveland Heights. Notable companies in the area include retail giant Target, fast-food favorite McDonalds and the popular clothing store American Eagle Outfitters. There are also many cultural sites such as the Cleveland Museum of Art and Lake View Cemetery with its impressive monuments and sculptures. Outdoor activities are available at Forest Hill Park while families can enjoy a day out at the Cleveland Metroparks Zoo or Fun 'n' Stuff amusement park. Visitors looking for fine dining can check out renowned restaurants like Superior Pho or Street Side Seafood & Barbeque. All these attractions make Cleveland Heights an ideal place to call home.

Cleveland Heights (zip 44118) has an unemployment rate of 4.6%. The US average is 6.0%.

Cleveland Heights (zip 44118) 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 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Cleveland Heights (zip 44118)
- The Sales Tax Rate for Cleveland Heights (zip 44118) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cleveland Heights (zip 44118) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cleveland Heights (zip 44118)
- The average income of a Cleveland Heights (zip 44118) resident is $31,330 a year. The US average is $28,555 a year.
- The Median household income of a Cleveland Heights (zip 44118) resident is $67,909 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCleveland Heights, OhioUnited States
  4.66
  -10.1%-6.2%
  23.9%33.5%
  8.0%6.2%
  5.5%4.6%
  $41,628$37,638
  $67,909$69,021
  $96,066$85,028
  Population by Occupation
  0.1%1.2%
  0.2%0.5%
  2.7%6.8%
  7.0%10.0%
  1.9%2.5%
  9.7%11.0%
  2.2%4.8%
  0.3%0.8%
  1.8%1.9%
  6.0%4.7%
  1.6%1.9%
  9.7%7.6%
  0.2%0.1%
  3.0%4.2%
  16.3%9.3%
  21.3%14.0%
  2.4%2.1%
  5.5%7.0%
  5.5%4.8%
  2.7%4.7%
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