Wooster, OH is an ideal location for anyone looking to find a place to rent. With a two bedroom rental rate of just $800, it is far lower than the US average of $1,430. Grocery costs are also lower in Wooster than in the rest of the country with a grocery cost index of 98 compared to 100 in the US. This makes Wooster an affordable option for anyone moving into the area. Wooster is home to many local companies such as The College of Wooster, Wayne County Public Library, and Thermo Fisher Scientific.
Wooster has an unemployment rate of 3.6%. The US average is 6.0%.
Wooster has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Wooster
- The Sales Tax Rate for Wooster is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Wooster is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wooster
- The average income of a Wooster resident is $23,610 a year. The US average is $28,555 a year.
- The Median household income of a Wooster resident is $55,598 a year. The US average is $69,021 a year.