Cleveland s population is 2.1M, with a total workforce of 1.1M. The labor market grew by 30,800 jobs over the past year, up by 2.9%. The median household income in Cleveland is $53,817, 2.5% higher than last year and 12.3% below the national average of $61,372. In the housing market, total permits issued totaled 2,958 over the last twelve months, down 9.8% year-over-year. Cleveland has 90 active new home projects on the market, 1.1% fewer than the 91 from last year. The average list price in the market is $305,017, 7.8% higher than last year and 1.5% below the national average. Over the last three months, new home contracts increased by 6.7% to 348. North Ridgeville and Avon Lake had the highest concentration of the new home contracts in the Cleveland market.