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Economy in Newton Falls, Ohio

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNewton Falls, OHUnited States
Unemployment Rate10.00%9.10%
Recent Job Growth-1.31%-0.12%
Future Job Growth27.38%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.87%6.25%
Income per Cap.$19,337$27,067
Household Income$37,532$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.25%12.10%
Income between 15K and 25K15.87%10.18%
Income between 25K and 35K14.10%10.56%
Income between 35K and 50K22.56%14.98%
Income between 50K and 75K17.59%19.53%
Income between 75K and 100K8.27%12.52%
Income between 100K and 150K4.87%12.14%
Income between 150K and 250K0.48%3.91%
Income between 250K and 500K0.00%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.34%13.81%
Professional and Related Occupations20.11%22.68%
Service14.26%14.51%
Sales and Office26.63%25.22%
Farming, Fishing, and Forestry0.46%0.68%
Construction, Extraction, and Maintenance11.03%9.37%
Production, Transportation, and Material Moving33.04%15.86%
Median Household Income

The unemployment rate in Newton Falls, OH, is 10.00%, with job growth of -1.31%. Future job growth over the next ten years is predicted to be 27.38%.

Newton Falls, OH Taxes

Newton Falls, OH,sales tax rate is 6.50%. Income tax is 7.87%.

Newton Falls, OH Income and Salaries

The income per capita is $19,337, which includes all adults and children. The median household income is $37,532.


Newton Falls Economy SperlingViews

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