Shaker Heights, Ohio (44122) is a thriving suburb of Cleveland that is known for its vibrant business community. The average two bedroom rent in the area is $1,420, which is slightly lower than the national average of $1,430. Additionally, the local grocery cost index in this area is 102 versus 100 in the US. This means that groceries are slightly more expensive here than other parts of the country.
The business district of Shaker Heights contains many shops and restaurants such as Yours Truly Restaurant, Solae's Lounge & Deli, The Wine Spot and Koulourakia Greek Bakery & Cafe. There are also numerous professional services such as Cedar Lee Counseling Center and MacMahons Tax Solutions available to residents in this bustling neighborhood. For entertainment options, visitors can check out Shaker Cinemas or take a stroll through Horseshoe Lake Park. With so many amenities available to those who live in 44122 Shaker Heights, it’s no wonder why this city has become a popular place to call home.
Shaker Heights (zip 44122) has an unemployment rate of 4.6%. The US average is 6.0%.
Shaker Heights (zip 44122) 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 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Shaker Heights (zip 44122)
- The Sales Tax Rate for Shaker Heights (zip 44122) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Shaker Heights (zip 44122) is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Shaker Heights (zip 44122)
- The average income of a Shaker Heights (zip 44122) resident is $48,767 a year. The US average is $28,555 a year.
- The Median household income of a Shaker Heights (zip 44122) resident is $91,598 a year. The US average is $69,021 a year.