Bloomdale, OH Economy


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Bloomdale, OH is a small town located in the heart of Ohio. It has a population of just over 5000 people and has a quaint atmosphere making it an ideal place to call home. The cost of living in Bloomdale is substantially lower than that of the US with 2 bedroom rent coming in at $910 compared to $1,430 in the US and a grocery cost index of 93 vs 100 for the US. This makes it easier for families who are on more limited budgets to afford rent and their weekly food costs.
Bloomdale is also home to several local businesses that give it its unique identity. Notable companies based out of Bloomdale include Bloomdale Foods, True Brew Coffee shop, and Fender's Fabrics & Crafts. Each company offers something special to Bloomdale such as fresh produce from Bloomdale Foods, locally roasted coffee from True Brew Coffee shop, or fabric and crafts from Fender's Fabrics & Crafts. All these businesses contribute to the local economy while providing residents with goods they need or want while they stay within their budget due to the lower cost-of-living in Bloomdale in comparison to other cities throughout the United States.

Bloomdale has an unemployment rate of 4.2%. The US average is 6.0%.

Bloomdale has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Bloomdale
- The Sales Tax Rate for Bloomdale is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bloomdale 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 Bloomdale
- The average income of a Bloomdale resident is $21,355 a year. The US average is $28,555 a year.
- The Median household income of a Bloomdale resident is $60,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBloomdale, OhioUnited States
  4.26
  -6.7%-6.2%
  26.3%33.5%
  6.8%6.2%
  4.5%4.6%
  $27,874$37,638
  $60,625$69,021
  $64,583$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  4.6%6.8%
  45.1%10.0%
  1.7%2.5%
  9.2%11.0%
  6.9%4.8%
  1.4%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  2.3%4.2%
  4.6%9.3%
  16.1%14.0%
  1.1%2.1%
  1.4%7.0%
  2.6%4.8%
  0.6%4.7%
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