Ohio · Midwest · 29k residents
Shaker Heights, OH: economy, jobs & business costs
The site-selection read on Shaker Heights: labor costs, talent, corporate tax, energy, and business activity, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,313/wk. Ohio's corporate income tax rate is 0%. Commercial electricity averages 10.7¢/kWh.
Compare Shaker Heights side by side
Avg. weekly wage
$1,313/wk
Corporate income tax
0%
Bachelor's degree or higher
69.3%
Commercial electricity
10.7¢/kWh
Economic momentum
We don't yet track economic momentum for Shaker Heights. It will rank business formation, jobs, and building-permit growth against the US cities we track.
| ACS median home value | $303,200 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $837/mo |
| 2-bedroom rent | $1,230/mo |
| State & local income tax | 3.91% |
| Sales tax | 7.25% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,313/wk |
| Bachelor's degree or higher | 69.3% |
| Commercial electricity | 10.7¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $114,090 |
| Wage: Registered nurse | $82,510 |
| Wage: General manager | $97,700 |
| Wage: Customer service | $45,610 |
| Wage: Warehouse worker | $37,130 |
| Wage: Heavy truck driver | $59,800 |
| Wage: Electrician | $64,700 |
| Wage: Retail salesperson | $30,800 |
| Cost of living index | 88 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $60/mo |
| Gas price | $3.15/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $104,073 |
| Unemployment rate | 3.9% |
| Population | 29k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 30/100 |
| Disaster risk | — |
| Avg. commute | 24 min |
| Sunny days / year | 175 days |
| July high | 81°F |
| January low | 24°F |
| Annual snowfall | — |
| Home price YoY | +4.1% |
| Home price MoM | +0.3% |
| Rent YoY | -1.0% |
| Rent MoM | -0.1% |
| Employment (jobs) YoY | — |
| Building permits YoY | — |
| Ocean coast | 391 mi |
| Big lake | 8 mi |
| Mountains | 219 mi |
| Major airport | 16 mi |
| Ski resort | 155 mi |
Popular comparisons
Nearby
- Cleveland Heights, OH · 44k
- South Euclid, OH · 22k
- Maple Heights, OH · 23k
- Garfield Heights, OH · 29k
- Mayfield Heights, OH · 20k
Similar size
- Bowling Green, OH · 30k
- Austintown, OH · 30k
- Marysville, OH · 28k
- Green, OH · 27k
- Kent, OH · 27k
Real listings in Shaker Heights
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Shaker Heights a good place to run a business?
- Ohio's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,313/wk; commercial electricity averages 10.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Shaker Heights, OH?
- Shaker Heights indexes at 88 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,230/mo and a acs median home value of $303,200.
- How much does a house cost in Shaker Heights?
- The acs median home value in Shaker Heights is $303,200 (Census ACS estimate; individual listings vary).
- How much is rent in Shaker Heights?
- A two-bedroom in Shaker Heights rents for about $1,230/mo.