Shaker Heights, Ohio Income Statistics
Shaker 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.
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A
Shaker Heights Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Shaker Heights | Ohio Avg | US Average |
|---|---|---|---|
| Median Household Income | $104,406 | $71,509 | $80,455 |
| Median Personal Income | $83,699 | $58,431 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.4% | 4.8% |
| Six-Figure Earners | 25.9% | 11.1% | 13.9% |
| $200k+ Households | 24.4% | 9.1% | 13.2% |
The median household income in Shaker Heights is about 46% higher than in Ohio. Income has been growing slower in Shaker Heights (3.7%/yr) than in Ohio (4.4%/yr).
About 26% of adults in Shaker Heights 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 Shaker Heights, Ohio grew by 32.0% from 2009 to 2024, reaching $104,406 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Shaker Heights
| Metric | Shaker Heights | Ohio Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.505 | 0.532 | 0.552 |
| Male Median Income | $106,589 | $67,200 | $69,667 |
| Female Median Income | $69,943 | $54,076 | $56,850 |
| Gender Pay Gap | 34.4% | 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 Shaker Heights, 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 52% more than women's income in Shaker Heights, Ohio. Over a 35-year career, a 52% wage gap accumulates to roughly $1,282,610 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Shaker Heights, Ohio has widened from about 29% to 34% in 2024. Over that period the gap was widest at 39% in 2013. In dollar terms, the gap has widened by $12,996 since 2009.
Sharply against the trend: the pay gap in Shaker Heights widened by 5.1 points while Ohio's narrowed by 5.7 points.
Employment
| Metric | Shaker Heights | Ohio Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.6% | 4.8% | 5.2% |
| Working from Home | 23.4% | 13.0% | 15.0% |
| Commute time (minutes) | 21 | 21 | 22 |
Approximately 697 people are unemployed in Shaker Heights, Ohio.
The average commute time in Shaker Heights is 21 minutes, about the same as in Ohio.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Shaker Heights, Ohio has fallen from 6.7% to 4.6% in 2024. Over that period the rate peaked at 7.0% in 2012.
Shaker Heights, OH Wealth Compared With Nearby Cities
How Shaker Heights, OH compares with the 1 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. |
|---|---|---|---|---|---|
| Shaker Heights, OH | 28,870 | $104,406 #1/2 | 3.7%/yr #1/2 | 4.6% #1/2 | 0.505 #1/2 |
| Cleveland Heights, OH | 44,352 | $71,444 | 3.7%/yr | 6.8% | 0.526 |
Conclusion
Considering all these factors, Shaker Heights, 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 Shaker Heights, Ohio.
How Rich Is Shaker Heights, Ohio?
Shaker Heights 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 $104,406, about 46% higher than the Ohio average of $71,509.
Are incomes growing in Shaker Heights, Ohio?
Between 2009 and 2024, the median household income in Shaker Heights, Ohio rose 32%, from $79,123 to $104,406. Over the same years, income here lagged behind Ohio as a whole: +32% against +51%.
What was the median household income in Shaker Heights in 2023?
In 2023, the median household income in Shaker Heights, Ohio was $98,343, up 3% from $95,745 in 2022. The Ohio median that year was $69,792.
What was the median household income in Shaker Heights in 2020?
In 2020, the median household income in Shaker Heights, Ohio was $88,761. By 2024 it had risen 18% to $104,406.
Is Shaker Heights, Ohio a high-income area?
Yes. 26% of adults in Shaker Heights, Ohio earn $100,000 or more a year (about 1 in 4), against 11% (about 1 in 9) in Ohio. 24% of households have a combined income of $200,000 or more, compared with 9% in Ohio.
What is the Gini coefficient in Shaker Heights, Ohio?
The Gini coefficient in Shaker Heights 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 Shaker Heights, Ohio?
Since 2009, the income gap between men and women in Shaker Heights, Ohio has widened from about 29% to 34% in 2024. Over that period the gap was widest at 39% in 2013. In dollar terms, the gap has widened by $12,996 since 2009.
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