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Peninsula, OH

Full City Profile · Ohio · Summit County County

4.2 /5.0
A Great
601 Population 136/sq mi density
$125,417 Median Income $66,922 per capita
$421,300 Home Value $362,808 Zillow
$1,297 Median Rent 17.8% income on rent
52°F Avg Temperature 275 sunny days/yr
A
Overall
4.2 / 5.0
Strong
A+
Economy
4.7 / 5.0
$125,417 median income, 3.8% unemployment
A+
Affordability
4.8 / 5.0
$421,300 home value, $1,297/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
56.5% bachelor's degree or higher

Income Overview

Median Household Income
$125,417
67% above
US avg: $75,149
Per Capita Income
$66,922
71% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
3.8%
69% below
US avg: 12.4%

Income Comparison: Peninsula vs. U.S. Average

Each bar shows Peninsula’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$125,417
167%
Per Capita
US: $39,052
$66,922
171%
IRS Avg AGI
US: $72,000
$77,962
108%
Avg Weekly Wage
US: $1,432
$1,209
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,209
16% below US avg ($1,432)
Mean Commute Time
22 min
21% below US avg (28 min)
Work From Home
25.5%
68% above US avg (15.2%)
Drive Alone
66.5%
9% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$40,349M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 66.5%
Public Transit 0%
Work From Home 25.5%
Other 8%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
15,834
Restaurants
1,276
Healthcare
1,595
Retail
1,604
Manufacturing
730

Tax & Financial

IRS Avg Adjusted Gross Income
$77,962
8% above US avg ($72,000)
Avg Property Tax
$6,724
92% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$125,417
Per Capita Income$66,922
IRS Avg Adjusted Gross Income$77,962
Avg Weekly Wage$1,209
County GDP$40,349M

Hardship Indicators

Unemployment Rate3.8%
Poverty Rate3.8%
Gini Coefficient0.478
Cost of Living Index92.8

Commute

Mean Commute22 minutes
Drive Alone66.5%
Public Transit0.0%
Work From Home25.5%

Businesses

Total Establishments15,834
Restaurants1,276
Healthcare1,595
Retail1,604
Manufacturing730

Tax

IRS Avg AGI$77,962
Avg Property Tax$6,724