Cost of Living in Shaker Heights, Ohio

Shaker Heights has a population of about 28,922. The median household income is $104,073, median gross rent is $1,168/month, and the median home value is $303,200. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.

How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.

Median Gross Rent $1,168/mo 29% below the national median
Median Home Value $303,200 19% below the national median
Median Household Income $104,073 24% above the national median
Population 28,922

Is Shaker Heights expensive to live in?

Compared with the national median in this dataset, rent in Shaker Heights is 29% below the national median and home values are 19% below the national median. Household income here is 24% above the national median. Monthly rent represents roughly 13% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Shaker Heights?

The median gross rent in Shaker Heights, Ohio is $1,168 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Shaker Heights?

The median owner-occupied home value in Shaker Heights is $303,200 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Shaker Heights?

The median household income in Shaker Heights is $104,073 per year in the 2020-2024 ACS 5-Year estimates.

Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.