Springboro, OH is a small city located in southwestern Ohio near Dayton. It is an ideal spot for families and individuals looking for a safe and quaint place to live. This city has a population of about 17,000 people with many neighborhoods offering great amenities such as parks, shopping centers, and even schools. Local companies in Springboro include Springboro Community City Schools, the Warren County Board of Developmental Disabilities, and the Springboro Township Fire Department. The cost of living in Springboro is quite reasonable compared to other cities in the area with 2 bedroom rent averaging at $1,550 which is slightly higher than the US average of $1,430. Grocery costs are also similar to those throughout the US with an index of 103 compared to 100 for the United States.
Springboro has an unemployment rate of 3.8%. The US average is 6.0%.
Springboro has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Springboro
- The Sales Tax Rate for Springboro is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Springboro is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Springboro
- The average income of a Springboro resident is $36,387 a year. The US average is $28,555 a year.
- The Median household income of a Springboro resident is $111,538 a year. The US average is $69,021 a year.