Rocky River, Ohio Income Statistics
Rocky River 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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A
Rocky River Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Rocky River | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $93,104 | $71,509 | $80,455 |
| Median Personal Income | $84,886 | $58,431 | $60,758 |
| Average Yearly Income Growth | 3.9% | 4.4% | 4.8% |
| Six-Figure Earners | 24.2% | 11.1% | 13.9% |
| $200k+ Households | 21.3% | 9.1% | 13.2% |
The median household income in Rocky River is about 30% higher than in Ohio. Income has been growing slower in Rocky River (3.9%/yr) than in Ohio (4.4%/yr).
About 24% of adults in Rocky River 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 Rocky River, Ohio grew by 37.9% from 2009 to 2024, reaching $93,104 in 2024. That's an average of about 3.9% per year.
Income Inequality and the Gender Pay Gap in Rocky River
| Metric | Rocky River | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.505 | 0.532 | 0.552 |
| Male Median Income | $98,106 | $67,200 | $69,667 |
| Female Median Income | $76,948 | $54,076 | $56,850 |
| Gender Pay Gap | 21.6% | 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 Rocky River, it is 0.505, 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 27% more than women's income in Rocky River, Ohio. Over a 35-year career, a 27% wage gap accumulates to roughly $740,530 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Rocky River, Ohio has narrowed from about 31% to 22% in 2024. Over that period the gap was widest at 36% in 2012. In dollar terms, the gap has narrowed by $3,053 since 2009.
Employment
| Metric | Rocky River | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 4.8% | 5.2% |
| Working from Home | 18.5% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 294 people are unemployed in Rocky River, Ohio.
The average commute time in Rocky River is 21 minutes, about the same as in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Rocky River, Ohio has fallen from 4.3% to 2.6% in 2024. Over that period the rate peaked at 5.3% in 2013 and fell as low as 2.3% in 2023.
Rocky River, OH Wealth Compared With Nearby Cities
How Rocky River, OH compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Rocky River, OH | 21,449 | $93,104 #2/3 | 3.9%/yr #3/3 | 2.6% #1/3 | 0.505 #2/3 |
| Lakewood, OH | 50,003 | $69,631 | 4.8%/yr | 5.0% | 0.475 |
| Westlake, OH | 34,104 | $111,096 | 4.0%/yr | 3.5% | 0.515 |
Conclusion
Considering all these factors, Rocky River, Ohio has an overall wealth index grade of A, making it notably better than Ohio, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Rocky River, Ohio.
How Rich Is Rocky River, Ohio?
Rocky River has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $93,104, about 30% higher than the Ohio average of $71,509.
Are incomes growing in Rocky River, Ohio?
Between 2009 and 2024, the median household income in Rocky River, Ohio rose 38%, from $67,518 to $93,104. Over the same years, income here lagged behind Ohio as a whole: +38% against +51%.
What was the median household income in Rocky River in 2023?
In 2023, the median household income in Rocky River, Ohio was $91,681, up 1% from $90,963 in 2022. The Ohio median that year was $69,792.
What was the median household income in Rocky River in 2020?
In 2020, the median household income in Rocky River, Ohio was $82,216. By 2024 it had risen 13% to $93,104.
How many people earn six figures in Rocky River, Ohio?
Yes. 24% of adults in Rocky River, Ohio earn $100,000 or more a year (about 1 in 4), against 11% (about 1 in 9) in Ohio. 21% of households have a combined income of $200,000 or more, compared with 9% in Ohio.
Is it hard to find a job in Rocky River, Ohio?
Unemployment in Rocky River, Ohio is only 2.6%, 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 Rocky River, Ohio?
The Gini coefficient in Rocky River is 0.505. 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 Rocky River, Ohio?
Since 2009, the income gap between men and women in Rocky River, Ohio has narrowed from about 31% to 22% in 2024. Over that period the gap was widest at 36% in 2012. In dollar terms, the gap has narrowed by $3,053 since 2009.
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