Youngstown-Warren-Boardman, OH Metro Area is a bustling metropolis located in northeastern Ohio. The area is home to many major companies such as YSU, Niles Steel Tank and RPM International, Inc. Additionally, the city of Warren is known for being the birthplace of former NFL quarterback Bernie Kosar. When it comes to cost of living, Youngstown-Warren-Boardman ranks well below the US average with an average two bedroom rent rate of $800 compared to $1,430 across the nation. Also, the Grocery Cost Index in this metro area is 95 compared to 100 in the US on average. This makes living in Youngstown-Warren-Boardman more affordable than most other cities throughout the US.
Youngstown-Warren-Boardman Metro Area has an unemployment rate of 6.9%. The US average is 6.0%.
Youngstown-Warren-Boardman Metro Area has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Youngstown-Warren-Boardman Metro Area
- The Sales Tax Rate for Youngstown-Warren-Boardman Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Youngstown-Warren-Boardman Metro Area is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Youngstown-Warren-Boardman Metro Area
- The average income of a Youngstown-Warren-Boardman Metro Area resident is $23,357 a year. The US average is $28,555 a year.
- The Median household income of a Youngstown-Warren-Boardman Metro Area resident is $50,966 a year. The US average is $69,021 a year.