Shaker Heights Ohio City Guide

Shaker Heights is the 53rd largest city in Ohio with a population of nearly 27,000. The city spans over 6 miles and has a population density of 4,270 people per square mile.

Females comprise 55.5% of the population, and males make up 44.5%. An estimated 26% of residents have ages that range from 35 to 54 years, while those who are 5 to 17 years make up 21%.

The population in Shaker Heights is declining at an annual rate of -0.67%. The city’s population decreased by -5.3% since the 2010 census.

Shaker Heights is extremely ethnically diverse. White residents make up 55.9%, African American residents account for 35.3%, and Asian residents comprise 4.46%. Many of the residents also belong to Polish, Irish, English, German, and Italian ethnicities or races.

English is spoken predominantly in Shaker Heights, specifically by 89.8% of residents. Other Indo European languages are spoken by 3.84% of the population.

Shaker Heights is highly-regarded for public schools that are trailblazers for education excellence.

An estimated 15,000 or around 85% of adults in the city have pursued four-year degree programs. 14.6% of residents graduated from college, and 25% have earned bachelor’s degrees or higher. Those who have associate degrees make up 5.4% of adults, while 41% have graduate degrees. 10.4% of adults aged 25 and over in the city are high school graduates.

The estimated median property value in Shaker Heights is $270K, which is high relative to Ohio standards but isn’t among the highest of medians on a national level.

4.1% of properties in the city are worth below $59K, and 12.6% of properties vary between $59K-$117K. 32.3% of the city’s real estate ranges between $117K-$234K, and another 22% of real estate is priced between $234K-$351K. Additionally, 11.5% of properties are worth between $351K-$468K.

5.7% of properties are more expensive and range between $468K-$585K, and 8.1% of the city’s real estate varies between $585K-$877K. From there, 2.5% of properties are valued between $877K-$1.2 million, and about 1% of Shaker Heights properties are worth over $1.2 million.

Shaker Heights has a healthy balance of sellers and buyers and average real estate appreciation rates. Between January 2019 and January 2020, real estate in the city appreciated 3.23%.

Around 64% of Shaker Heights properties are owner-occupied residences, so roughly 36% of housing options in the city are rented. Shaker Heights also has a vacancy rate of 11.2%.

An impressive 47.3% of properties in the city were built in or before 1939, and another 44% of the city’s housing options were constructed between 1940-1969. From there, 6.1% of residences were built between 1970-1999, and another 2.6% of properties were constructed in or following 2000.

9.4% of properties in the city have 1 bedroom, and 26% have 2 bedrooms. 24% of residences have 3 bedrooms, and another 24% of housing options have 4 bedrooms. Roughly 16% of properties have 5 or more bedrooms.

About 55% of the city’s housing options are single family detached homes, and 28% of residences are apartment complexes. An estimated 13.4% of properties are small apartment buildings, and just 3% of properties in Shaker Heights are condominiums and attached properties.

White collar-workers comprise about 93% of Shaker Heights’ over 13,000 employees. Many of the residents work in the healthcare, management, and education sectors.

Around 8.9% of residents live below the poverty line, and nearly 4% are unemployed. The median household income in Shaker Heights is above the US average by 35.8% at $83,420.00. The average salary of a Shaker Heights resident is above the US median by 42.5% at $49,650 a year. The per capita income in the area is $55,564.