Zip 45341 (Medway, OH) Economy


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United States / Ohio / Springfield Metro Area / Clark County / No City / Medway (zip 45341)
45341 Medway, OH is a small town located in Clark County. The median income for households is $51,250, while the median home value is $187,096. It has an abundance of natural charm with numerous hiking trails and nearby parks. For those wanting to rent a two bedroom apartment here, the cost to do so can be quite reasonable at approximately $940 per month. In comparison to the national average of $1,430 per month for a two bedroom rental, this makes 45341 Medway a great place to live economically.
The local businesses in 45341 Medway include Tasty Pizza & Subs, China King Restaurant, M&M Diner Inc., Medway Market & Pizza House and more. Nearby cities include New Carlisle (3 miles away), Enon (4 miles away), South Charleston (7 miles away) and Springfield (13 miles away). All of these nearby cities offer plenty of shopping options as well as entertainment venues such as dining establishments and theaters.

Medway (zip 45341) has an unemployment rate of 5.1%. The US average is 6.0%.

Medway (zip 45341) 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 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Medway (zip 45341)
- The Sales Tax Rate for Medway (zip 45341) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Medway (zip 45341) 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 Medway (zip 45341)
- The average income of a Medway (zip 45341) resident is $21,853 a year. The US average is $28,555 a year.
- The Median household income of a Medway (zip 45341) resident is $45,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedway, OhioUnited States
  5.16
  -5.0%-6.2%
  23.1%33.5%
  7.3%6.2%
  4.5%4.6%
  $25,825$37,638
  $45,111$69,021
  $56,193$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  5.9%6.8%
  20.2%10.0%
  1.6%2.5%
  13.7%11.0%
  8.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.9%4.7%
  0.9%1.9%
  7.6%7.6%
  1.3%0.1%
  4.8%4.2%
  5.2%9.3%
  11.8%14.0%
  0.0%2.1%
  10.4%7.0%
  3.2%4.8%
  2.4%4.7%
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