Beaver, OH Economy


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United States / Ohio / No Metro Area / Pike County / Beaver / Zip Codes
Beaver, OH is a quiet town located in Mahoning County, about an hour north of Akron and Canton. It has a population of around 3,000 people and is known for its affordability and small-town charm. Median rent for a two-bedroom residence in Beaver is $780 – a fraction of the U.S. median of $1,430 – making it a great place to live or visit on a budget. The cost of groceries in Beaver is also lower than the national average; the Grocery Cost Index is 96 compared to 100 in the U.S., so residents can expect to save some money when doing their weekly shopping. Notable local businesses include Lynne’s Automotive Services, which provides auto repair services for Beaver and surrounding communities, as well as Colonial Floral Garden & Greenhouse, who supply beautiful flowers to Beaver and beyond with same day delivery available through their website. Beaver offers its residents plenty of green space thanks to nearby Mill Creek MetroParks which includes four golf courses as well as hiking trails and picnic areas for all ages to explore nature.

Beaver has an unemployment rate of 5.6%. The US average is 6.0%.

Beaver has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Beaver
- The Sales Tax Rate for Beaver is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Beaver 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 Beaver
- The average income of a Beaver resident is $13,810 a year. The US average is $28,555 a year.
- The Median household income of a Beaver resident is $32,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaver, OhioUnited States
  5.66
  -2.9%-6.2%
  27.3%33.5%
  7.3%6.2%
  3.5%4.6%
  $18,420$37,638
  $32,500$69,021
  $55,313$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.4%6.8%
  18.3%10.0%
  8.9%2.5%
  13.9%11.0%
  5.6%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  9.4%4.2%
  3.9%9.3%
  10.0%14.0%
  0.0%2.1%
  8.3%7.0%
  10.6%4.8%
  0.0%4.7%
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