Fact text

  • About 75% of Shaker Heights is listed on the National Register of Historic Places, basically the whole city is a museum you can live in.
  • The city's neighborhoods are all named after the nine original elementary schools, making it one of the few places where your neighborhood is literally named after your school.
  • A lake in the city is named after a drugstore chain owner, Marshall Lake honors W. A. Marshall, proving retail loyalty runs deep.
  • The town got its name from a religious community called the Shakers, who also built the lakes still enjoyed by residents today.
Your
Shaker Heights
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
27148
+
Total Population
Stat icon
$
88635
Median Income
Stat icon
$
241900
Median Home
Stat icon
19
%
Age 65+
Retirement Suitability
How
Shaker Heights
ranks for retirees?
55
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
84
Healthcare
82
Climate
44

Results

Shaker Heights

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Ohio does not tax Social Security benefits, which provides meaningful relief for retirees drawing from those payments.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
84

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
84
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
82

The area has

14

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
44

A

Temperate

climate — summers peak near

80

°F, winters dip to about

26

°F, with roughly

″ of snow a year.

Source · NOAA Climate Normals
Temperate
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively High

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