Economy in Northwood, Ohio
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Economy
| Unemployment Rate | 8.90% | 9.10% |
| Recent Job Growth | 0.04% | -0.12% |
| Future Job Growth | 31.18% | 31.25% |
| Sales Taxes | 6.50% | 6.80% |
| Income Taxes | 8.37% | 6.25% |
| Income per Cap. | $26,999 | $27,067 |
| Household Income | $61,195 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 9.67% | 12.10% |
| Income between 15K and 25K | 7.65% | 10.18% |
| Income between 25K and 35K | 7.93% | 10.56% |
| Income between 35K and 50K | 12.65% | 14.98% |
| Income between 50K and 75K | 27.32% | 19.53% |
| Income between 75K and 100K | 15.90% | 12.52% |
| Income between 100K and 150K | 12.79% | 12.14% |
| Income between 150K and 250K | 4.48% | 3.91% |
| Income between 250K and 500K | 1.56% | 3.34% |
| Income greater than 500K | 0.05% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.38% | 13.81% |
| Professional and Related Occupations | 18.67% | 22.68% |
| Service | 13.96% | 14.51% |
| Sales and Office | 28.28% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 6.98% | 9.37% |
| Production, Transportation, and Material Moving | 22.64% | 15.86% |
The unemployment rate in Northwood, OH, is 8.90%, with job growth of 0.04%. Future job growth over the next ten years is predicted to be 31.18%.
Northwood, OH Taxes
Northwood, OH,sales tax rate is 6.50%. Income tax is 8.37%.
Northwood, OH Income and Salaries
The income per capita is $26,999, which includes all adults and children. The median household income is $61,195.
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