Aberdeen, OH is a small town in Ohio, with close proximity to major cities such as Columbus. It is known for its low cost of living, especially when it comes to rent. The median 2 bedroom rent in Aberdeen is $810 compared to the US average of $1,430. This makes it a great affordable option for families and young professionals looking to invest in their first home or apartment. Grocery costs are also comparably lower than in other parts of the country, with an index score of 95 versus 100 in the US.
Aberdeen is home to several local businesses and corporations such as Eagle Manufacturing Company, Grooms Sheet Metal Inc., Hanson Professional Services Inc., The Home Depot, and Walmart Supercenter. These companies provide jobs and investment opportunities for sustained growth within the community. With its low crime rate and affordable cost of living, Aberdeen continues to be an attractive move destination for people seeking peace and stability at an accessible price point.
Aberdeen has an unemployment rate of 4.9%. The US average is 6.0%.
Aberdeen has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Aberdeen
- The Sales Tax Rate for Aberdeen is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Aberdeen 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 Aberdeen
- The average income of a Aberdeen resident is $16,663 a year. The US average is $28,555 a year.
- The Median household income of a Aberdeen resident is $33,814 a year. The US average is $69,021 a year.