Mayfield Heights, Ohio Income Statistics
Mayfield Heights Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Mayfield Heights Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Mayfield Heights | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,827 | $71,509 | $80,455 |
| Median Personal Income | $57,095 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.4% | 4.8% |
| Six-Figure Earners | 10.2% | 11.1% | 13.9% |
| $200k+ Households | 4.3% | 9.1% | 13.2% |
The median household income in Mayfield Heights is about 8% lower than in Ohio. Income has been growing faster in Mayfield Heights (4.7%/yr) than in Ohio (4.4%/yr).
About 10% of adults in Mayfield Heights earn six figures ($100,000 or more) a year, lower than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Mayfield Heights, Ohio grew by 45.0% from 2009 to 2024, reaching $65,827 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Mayfield Heights
| Metric | Mayfield Heights | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.472 | 0.532 | 0.552 |
| Male Median Income | $67,556 | $67,200 | $69,667 |
| Female Median Income | $57,197 | $54,076 | $56,850 |
| Gender Pay Gap | 15.3% | 19.5% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Mayfield Heights, it is 0.472, lower than Ohio's 0.532, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 18% more than women's income in Mayfield Heights, Ohio. Over a 35-year career, a 18% wage gap accumulates to roughly $362,565 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mayfield Heights, Ohio has narrowed from about 18% to 15% in 2024. Over that period the gap was widest at 24% in 2016, and was narrowest at 7% in 2021. In dollar terms, the gap has widened by $1,707 since 2009.
Employment
| Metric | Mayfield Heights | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 4.8% | 5.2% |
| Working from Home | 19.2% | 13.0% | 15.0% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 659 people are unemployed in Mayfield Heights, Ohio.
The average commute time in Mayfield Heights is 22 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mayfield Heights, Ohio has risen from 3.8% to 5.7% in 2024. Over that period the rate peaked at 8.5% in 2016.
Conclusion
Considering all these factors, Mayfield Heights, Ohio has an overall wealth index grade of C, making it about on par with Ohio, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Mayfield Heights, Ohio.
How Rich Is Mayfield Heights, Ohio?
Mayfield Heights has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $65,827, about 8% lower than the Ohio average of $71,509.
How fast is household income rising in Mayfield Heights, Ohio?
Between 2009 and 2024, the median household income in Mayfield Heights, Ohio rose 45%, from $45,398 to $65,827. Over the same years, income here lagged behind Ohio as a whole: +45% against +51%.
What was the median household income in Mayfield Heights in 2023?
In 2023, the median household income in Mayfield Heights, Ohio was $63,360, up 8% from $58,839 in 2022. The Ohio median that year was $69,792.
What was the median household income in Mayfield Heights in 2020?
In 2020, the median household income in Mayfield Heights, Ohio was $56,324. By 2024 it had risen 17% to $65,827.
What is the Gini coefficient in Mayfield Heights, Ohio?
The Gini coefficient in Mayfield Heights is 0.472. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Mayfield Heights, Ohio?
Since 2009, the income gap between men and women in Mayfield Heights, Ohio has narrowed from about 18% to 15% in 2024. Over that period the gap was widest at 24% in 2016, and was narrowest at 7% in 2021. In dollar terms, the gap has widened by $1,707 since 2009.
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