Powell, Ohio is an attractive residential area located near Columbus. It has a relatively low cost of living and local amenities such as shopping, dining, entertainment, and recreational activities to enjoy. The 2 bedroom rent in Powell is $1,330 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Powell is 106 versus 100 in the US. Notable attractions include Liberty Park & Gazebo, Historic Downtown Powell with unique stores and restaurants, and Olentangy Indian Caverns. Companies based in Powell include Ohio Mulch Supply Company and Zoup Fresh Soup Company. With its affordability and variety of amenities offered, it's no surprise that Powell is a popular place to live!
Powell has an unemployment rate of 3.8%. The US average is 6.0%.
Powell has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.
Tax Rates for Powell
- The Sales Tax Rate for Powell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Powell is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Powell
- The average income of a Powell resident is $48,908 a year. The US average is $28,555 a year.
- The Median household income of a Powell resident is $168,046 a year. The US average is $69,021 a year.