Cleveland s population is 2.1M, with a total workforce of 1.1M. The labor market grew by 14,200 jobs over the past year, up by 1.3%. The median household income in Cleveland is $53,975, 2.8% higher than last year and 12.1% below the national average of $61,372. In the housing market, total permits issued totaled 2,884 over the last twelve months, down 6.9% year-over-year. Cleveland has 91 active new home projects on the market, 1.1% fewer than the 92 from last year. The average list price in the market is $306,902, 11.3% higher than last year and 1.4% above the national average. Over the last three months, new home contracts increased by 14.2% to 419. North Ridgeville and Painesville had the highest concentration of the new home contracts in the Cleveland market.