Living Wage Calculation for Cuyahoga County, Ohio
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.64 | $23.96 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $9.30 | $9.30 |
How much do you need to live comfortably in Cleveland Ohio?
A single person needs $26,112 to live decently in the metro area that includes Cuyahoga, Geauga, Lake, Lorain and Medina counties.
What is a comfortable salary in Ohio?
Ohio’s capital is one of the more affordable big cities to live in, with the income needed to live comfortably falling under $70,000 for homeowners.
What is a good hourly wage in Ohio?
Hourly Rate Salary in Ohio
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $75,980 | $37 |
| 75th Percentile | $46,686 | $22 |
| Average | $44,597 | $21 |
| 25th Percentile | $27,004 | $13 |
How much does the average person make in Cleveland Ohio?
Ohio cities
| City | Median household income | Median family income |
|---|---|---|
| Cleveland | $26,150 | $32,455 |
| Cleveland Heights | $53,014 | $74,167 |
| Clyde | $44,982 | $55,290 |
| Columbiana | $48,152 | $61,601 |
How affordable is living in Cleveland?
Out of all metropolitan areas with at least 500,000 residents in the United States, Cleveland is the 5th most affordable for new renters. By comparison, the national median cost of a two-bedroom rental is $1,293 and the median wage is $19.14 per hour.
Is Cleveland low cost of living?
Better Value Than The Others
Compared to the rest of the country, Cleveland’s cost of living is 22.9% lower than the U.S. average.
What is a middle class income in Ohio?
Ohio. 2-person family middle-class income range: $42,765 to $127,658. 3-person family middle-class income range: $50,684 to $151,296. 4-person family middle-class income range: $61,094 to $182,370.
What is considered low income in Ohio?
Eligibility
| Household Size | Extremely Low Income (30%) | Low Income (80%) |
|---|---|---|
| 1 Person | $18,150 | $48,350 |
| 2 People | $20,750 | $55,250 |
| 3 People | $23,350 | $62,150 |
| 4 People | $26,200 | $69,050 |
What is considered poverty level in Ohio?
That equates to $46,375 a year or below for a family of four according to the Ohio Department of Development. The federal poverty level for 2021 stands at $26,500. Below are the eligible income levels for different size households: 1 – up to $22,540.
What is a good salary in Cleveland Ohio?
A good salary in Cleveland, OH is anything over $37,000. That’s because the median income in Cleveland is $37,000, which means if you earn more than that you’re earning more than 50% of the people living in Cleveland. The average salary in Cleveland is $43,183. A good hourly wage in Cleveland is $17.79 per hour.
What is a teachers salary in Ohio?
How much does a Public School Teacher make in Ohio? The average Public School Teacher salary in Ohio is $53,842 as of July 26, 2022, but the range typically falls between $44,969 and $65,647.
How much does McDonald’s pay in Ohio per hour?
How much does McDonald’s – Retail in Ohio pay? Average McDonald’s hourly pay ranges from approximately $8.15 per hour for Cashier/Sales to $13.34 per hour for Assistant Store Manager.
What is middle class in Cleveland?
According to SmartAsset’s data, 44.7 percent of households in Ohio are middle class, and the median household income when adjusted for cost of living is $62,115.
What is upper class in Ohio?
$35,243 is the 25th percentile. Salaries below this are outliers. $61,333 is the 75th percentile.
What is considered upper middle class in Ohio?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
Why is rent in Cleveland so high?
Cleveland home rental cost increases as residents continue to struggle making payments. The housing market remains in high demand and it’s forcing the cost to rent to keep going up. CLEVELAND — The housing market remains in high demand and it’s forcing the cost of rent to keep going up.
What is the nicest part of Cleveland?
Cleveland’s Best Places To Live
- Solon. Once again, this East Side suburb is the area’s top-ranked school district.
- Rocky River. A top five education rank and a 61.3% 10-year median home sale price increase helped last year’s No.
- Beachwood.
- Westlake.
- Broadview Heights.
- Chagrin Falls.
- Hudson.
- Bay Village.
Why are homes so cheap in Cleveland?
One reason homes are selling quickly in Cleveland is that prices here are still very affordable, with the median listing price for a home in Cleveland only $115,000. The diversified economy helps keep the rental market strong in Cleveland.
Is living in Cleveland expensive?
The cost of living in Cleveland is below the national average. The overall cost of living in Cleveland, Ohio is 77.1, which is below the national average (U.S. average cost of living = 100).
Is Cleveland a good place to live?
It really is one of the best places to live, work, and play, especially as a young professional. If you’re ready to discover Cleveland and all of the incredible businesses, amenities, places, and people our community has to offer, you can learn more here.