Salary & Cost of Living in North Olmsted, OH
North Olmsted, OH: $49,356 median salary, cost of living index 82.4, $10.45/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$49,356
$24/hr
Cost of Living
82.4
US avg = 100
Minimum Wage
$10.45
per hour
Unemployment
4.3%
rate
North Olmsted, OH Overview
Population
32,026
Median Salary
$49,356
Average Salary
$55,279
Avg Commute
17 min
Median Home Price
$181,000
Median Rent
$740/mo
Job Growth
+2.7%
Sales Tax
5.75%
North Olmsted is located in Ohio with a population of 32,026. The median household salary is $49,356 per year ($24/hour), which is $10,028 below the national median of $59,384. The average commute time is 17 minutes, and the city has a job growth rate of +2.7%.
North Olmsted Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in North Olmsted, OH, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$39,500
$3,291.64/month · $1,519.22/biweekly · Effective Rate: 20.0%
Gross Pay
$49,356
Federal Tax
-$3,884
State Tax
-$1,727
Local Tax
-$469
FICA
-$3,776
Net Pay
$39,500
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,113.00 | $49,356.00 |
| Federal Income Tax | -$323.69 | -$3,884.22 |
| Ohio State Tax (3.5%) | -$143.96 | -$1,727.46 |
| Local Tax (0.95%) | -$39.07 | -$468.88 |
| Social Security (6.2%) | -$255.01 | -$3,060.07 |
| Medicare (1.45%) | -$59.64 | -$715.66 |
| Net Take-Home Pay | $3,291.64 | $39,499.70 |
Salary Comparison: North Olmsted vs Other Cities
See how North Olmsted's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| North Olmsted, OH | $49,356 | 82.4 | $59,898 |
| National Average | $59,384 | 100 | $59,384 |
| Kennesaw, GA | $49,359 | 98.5 | $50,111 |
| Calumet City, IL | $49,363 | 85.1 | $58,006 |
| Prattville, AL | $49,366 | 88.5 | $55,781 |
| Olive Branch, MS | $49,371 | 90.2 | $54,735 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in North Olmsted
North Olmsted's cost of living index is 82.4 (national average = 100). Living in North Olmsted is 17.599999999999994% less expensive than the national average.
Median Home Price
$181,000
Median Monthly Rent
$740
Annual Rent Cost
$8,880
Your Salary's Purchasing Power
Your $39,500 annual take-home pay in North Olmsted has the purchasing power of approximately $47,937 in an average-cost US area. Your $49,356 salary stretches further here than in most US cities.
Top Industries in North Olmsted
North Olmsted's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $49,356.
Salary Tips for North Olmsted Workers
- Your salary goes further here. North Olmsted has a cost of living 17.599999999999994% below the national average. A salary of $49,356 here has the purchasing power of about $59,898 in an average-cost area.
- Research top industries. North Olmsted's top industries include Manufacturing, Healthcare, Finance. Targeting roles in these sectors can help you earn above the $49,356 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
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Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in North Olmsted, OH?
The median salary in North Olmsted, OH is $49,356 per year, or $24 per hour. The average salary is $55,279. This is $10,028 below the national median of $59,384.
What is the cost of living in North Olmsted, OH?
North Olmsted's cost of living index is 82.4 (national average = 100), meaning it is 17.599999999999994% less expensive compared to the national average. The median home price is $181,000 and the median monthly rent is $740.
What are the best industries in North Olmsted?
The top industries in North Olmsted, OH include Manufacturing, Healthcare, Finance. The city has a job growth rate of 2.7% and an unemployment rate of 4.3%. Workers in these industries often earn above the city's median salary of $49,356.
How does North Olmsted's salary compare to other cities?
North Olmsted's median salary of $49,356 is 16.9% below the national median of $59,384. However, when adjusted for cost of living (index: 82.4), the real purchasing power is approximately $59,898.
What is the minimum wage in North Olmsted, OH?
The minimum wage in North Olmsted, OH is $10.45 per hour. This equals approximately $21,736 per year for a full-time worker (40 hours/week). This is $3.20 above the federal minimum wage of $7.25/hour.