Economy in Magnolia, Ohio
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Economy
| Unemployment Rate | 9.90% | 9.10% |
| Recent Job Growth | -1.43% | -0.12% |
| Future Job Growth | 27.24% | 31.25% |
| Sales Taxes | 6.00% | 6.80% |
| Income Taxes | 6.87% | 6.25% |
| Income per Cap. | $20,964 | $27,067 |
| Household Income | $43,575 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.83% | 12.10% |
| Income between 15K and 25K | 12.39% | 10.18% |
| Income between 25K and 35K | 13.80% | 10.56% |
| Income between 35K and 50K | 21.13% | 14.98% |
| Income between 50K and 75K | 20.28% | 19.53% |
| Income between 75K and 100K | 10.14% | 12.52% |
| Income between 100K and 150K | 7.88% | 12.14% |
| Income between 150K and 250K | 1.13% | 3.91% |
| Income between 250K and 500K | 1.13% | 3.34% |
| Income greater than 500K | 0.28% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.93% | 13.81% |
| Professional and Related Occupations | 19.30% | 22.68% |
| Service | 16.05% | 14.51% |
| Sales and Office | 18.37% | 25.22% |
| Farming, Fishing, and Forestry | 0.70% | 0.68% |
| Construction, Extraction, and Maintenance | 13.95% | 9.37% |
| Production, Transportation, and Material Moving | 24.65% | 15.86% |
The unemployment rate in Magnolia, OH, is 9.90%, with job growth of -1.43%. Future job growth over the next ten years is predicted to be 27.24%.
Magnolia, OH Taxes
Magnolia, OH,sales tax rate is 6.00%. Income tax is 6.87%.
Magnolia, OH Income and Salaries
The income per capita is $20,964, which includes all adults and children. The median household income is $43,575.
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