Bascom, OH is a small town with a population of around 1,000 people. Despite its size, the town offers several amenities for its residents. The two bedroom rental rate in Bascom is much more affordable than the national average, coming in at $810 compared to the US average of $1,430. Additionally, grocery costs are also quite inexpensive with an index score of 91 versus 100 in the US.
The town boasts several local businesses including 'Bascom Hardware' which supplies tools and materials necessary for home renovation projects; 'The Watering Can', a popular garden center; and 'Creekside Cafe', a cozy spot to enjoy delicious sandwiches and coffee. Bascom also has numerous small shops selling antiques and collectibles from years gone by.
Bascom has an unemployment rate of 4.4%. The US average is 6.0%.
Bascom has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Bascom
- The Sales Tax Rate for Bascom is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bascom is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bascom
- The average income of a Bascom resident is $26,744 a year. The US average is $28,555 a year.
- The Median household income of a Bascom resident is $40,568 a year. The US average is $69,021 a year.