Income & Economy in Shaker Heights city, OH (44120)
Median Income
$46,326
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+1,453
Wealth inflow
Population
34,274
Unemployment
10.0%
6.3pp above US avg
IRS migration statistics show a net inflow of about 1,453 for ZIP 44120 (Shaker Heights city, OH) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 44120 (2020–Present)
Since 2020, population declined 2.2%, median income rose 4.3% (inflation-adjusted), home values increased 12.6%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $46,326 |
| Unemployment | 10.0% |
| Establishments | 436 |
| Employees | 3,928 |