Lebanon, OH is a small city located in Warren County near the Southwestern border of the state. It is home to a variety of businesses including Lebanon Grand Theater, Countryside Lanes, and Habanero's Mexican Restaurant. It has a population of just over 20,000 residents. The cost of rent for two bedroom apartments in Lebanon is very affordable at $1,100 per month compared to the US average of $1,430 per month. Groceries are also relatively low cost with an index score of 101 versus 100 in the US. In addition to lower costs of living, Lebanon offers its citizens access to excellent schools as well as a host of recreational activities including golf courses and parks for residents to enjoy.
Lebanon has an unemployment rate of 3.8%. The US average is 6.0%.
Lebanon has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Lebanon
- The Sales Tax Rate for Lebanon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lebanon is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lebanon
- The average income of a Lebanon resident is $25,232 a year. The US average is $28,555 a year.
- The Median household income of a Lebanon resident is $70,329 a year. The US average is $69,021 a year.