Bolivar, OH is a small city in Tuscarawas County with a population of around 2,500 people. It is known for its low cost of living and affordable housing prices. In Bolivar, the average rent for a two-bedroom apartment is $870 compared to $1,430 throughout the United States. The grocery cost index in Bolivar is also typically lower than the national average at 98 compared to 100 on average across the US. Additionally, Bolivar has several local companies including Mayfair Enterprises Inc., Hatfield Automotive Group LLC, and Hometown Comfort Heating & Cooling LLC. These businesses contribute to the local economy and help make Bolivar an attractive place to live with more affordable costs than many other parts of the country.
Bolivar has an unemployment rate of 4.5%. The US average is 6.0%.
Bolivar has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Bolivar
- The Sales Tax Rate for Bolivar is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bolivar 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 Bolivar
- The average income of a Bolivar resident is $23,958 a year. The US average is $28,555 a year.
- The Median household income of a Bolivar resident is $57,083 a year. The US average is $69,021 a year.