Cleveland, OH (44113) is a bustling city in the state of Ohio with a rich cultural and economic history. The average rent for a two-bedroom apartment in this area is $1,360 which is slightly lower than the national average of $1,430. In addition to affordable housing costs, Cleveland also has an attractive grocery cost index of 99 compared to the US index of 100.
Cleveland is home to many great companies such as KeyCorp, Forest City Realty Trust, Sherwin-Williams Company and Progressive Corporation. These companies are an integral part of the local economy and offer countless jobs for residents. Additionally, Cleveland houses many successful small businesses such as The CLE Clothing Co., Wholly Craft and Luxe Kitchen & Lounge that contribute to the thriving entrepreneurial spirit in the area.
Cleveland (zip 44113) has an unemployment rate of 6.8%. The US average is 6.0%.
Cleveland (zip 44113) has seen the job market decrease by -10.1% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Cleveland (zip 44113)
- The Sales Tax Rate for Cleveland (zip 44113) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Cleveland (zip 44113) 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 (zip 44113)
- The average income of a Cleveland (zip 44113) resident is $50,953 a year. The US average is $37,638 a year.
- The Median household income of a Cleveland (zip 44113) resident is $65,179 a year. The US average is $69,021 a year.