North Ridgeville, Ohio Income Statistics
North Ridgeville 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.
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B
North Ridgeville Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | North Ridgeville | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $98,200 | $71,509 | $80,455 |
| Median Personal Income | $63,115 | $58,431 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.4% | 4.8% |
| Six-Figure Earners | 12.8% | 11.1% | 13.9% |
| $200k+ Households | 11.6% | 9.1% | 13.2% |
The median household income in North Ridgeville is about 37% higher than in Ohio. Income has been growing faster in North Ridgeville (4.5%/yr) than in Ohio (4.4%/yr).
About 13% of adults in North Ridgeville earn six figures ($100,000 or more) a year, higher than the Ohio average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in North Ridgeville, Ohio grew by 55.6% from 2009 to 2024, reaching $98,200 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in North Ridgeville
| Metric | North Ridgeville | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.470 | 0.532 | 0.552 |
| Male Median Income | $68,303 | $67,200 | $69,667 |
| Female Median Income | $65,573 | $54,076 | $56,850 |
| Gender Pay Gap | 4.0% | 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 North Ridgeville, it is 0.470, 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 4% more than women's income in North Ridgeville, Ohio. Over a 35-year career, a 4% wage gap accumulates to roughly $95,550 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in North Ridgeville, Ohio has narrowed from about 22% to 4% in 2024. Over that period the gap was widest at 24% in 2011. In dollar terms, the gap has narrowed by $8,522 since 2009.
Employment
| Metric | North Ridgeville | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 4.8% | 5.2% |
| Working from Home | 15.2% | 13.0% | 15.0% |
| Commute time (minutes) | 26 | 21 | 22 |
Approximately 507 people are unemployed in North Ridgeville, Ohio.
The average commute time in North Ridgeville is 26 minutes, longer than the 21 minutes in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in North Ridgeville, Ohio has fallen from 8.6% to 2.7% in 2024. Over that period the rate peaked at 9.3% in 2013.
North Ridgeville, OH Wealth Compared With Nearby Cities
North Ridgeville, OH is typical in size for this group, 36,625 residents against a local median of 31,891, so the measures below are close to a like for like comparison. Where North Ridgeville, OH breaks from the cities next to it is median household income, sitting 17% above the local median of $84,003 at $98,200. That is the better end of the local range on this measure.
The cities themselves spread $75,353 on median household income, so North Ridgeville, OH sits at one end of an already wide local range rather than apart from it. North Ridgeville, OH has the 2nd highest median household income of the 4 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| North Ridgeville, OH | 36,625 | $98,200 #2/4 | 4.5%/yr #2/4 | 2.7% #2/4 | 0.470 #1/4 |
| Avon, OH | 25,317 | $132,182 | 4.5%/yr | 1.8% | 0.492 |
| Elyria, OH | 46,162 | $56,829 | 3.9%/yr | 5.3% | 0.495 |
| North Olmsted, OH | 31,891 | $84,003 | 4.1%/yr | 3.0% | 0.502 |
Conclusion
Considering all these factors, North Ridgeville, Ohio has an overall wealth index grade of B, making it somewhat better than Ohio, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in North Ridgeville, Ohio.
How Rich Is North Ridgeville, Ohio?
North Ridgeville has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $98,200, about 37% higher than the Ohio average of $71,509.
Are incomes growing in North Ridgeville, Ohio?
Between 2009 and 2024, the median household income in North Ridgeville, Ohio rose 56%, from $63,113 to $98,200. Over the same years, income here outpaced Ohio as a whole: +56% against +51%.
What was the median household income in North Ridgeville in 2023?
In 2023, the median household income in North Ridgeville, Ohio was $94,303, up 6% from $89,035 in 2022. The Ohio median that year was $69,792.
What was the median household income in North Ridgeville in 2020?
In 2020, the median household income in North Ridgeville, Ohio was $77,319. By 2024 it had risen 27% to $98,200.
How strong is the job market in North Ridgeville, Ohio?
Unemployment in North Ridgeville, Ohio is only 2.7%, well below the Ohio rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in North Ridgeville, Ohio?
The Gini coefficient in North Ridgeville is 0.470. 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 North Ridgeville, Ohio?
Since 2009, the income gap between men and women in North Ridgeville, Ohio has narrowed from about 22% to 4% in 2024. Over that period the gap was widest at 24% in 2011. In dollar terms, the gap has narrowed by $8,522 since 2009.
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