Brecon, OH Economy


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Brecon, OH is a small town located in the Midwest of the United States. It is home to many small businesses and educational institutions. The town has a moderate cost of living, with the average rent for a two bedroom apartment coming in at $1,490 per month compared to the nationwide average of $1,430. The town's grocery cost index is also slightly higher than the national average of 100, coming in at 107. It is an ideal location for those looking for affordable living with access to a variety of amenities. Local companies that call Brecon home include Brecon Bank, Brecon Elementary School, and Midea Manufacturing. These businesses provide job opportunities to residents and create economic growth for the region. All in all, Brecon provides an excellent environment for those looking to settle in an affordable area with plenty of local resources available.

Brecon has an unemployment rate of 4.4%. The US average is 6.0%.

Brecon has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.

Tax Rates for Brecon
- The Sales Tax Rate for Brecon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brecon 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 Brecon
- The average income of a Brecon resident is $6,766 a year. The US average is $28,555 a year.
- The Median household income of a Brecon resident is $63,588 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrecon, OhioUnited States
  4.46
  -4.7%-6.2%
  30.6%33.5%
  7.0%6.2%
  3.5%4.6%
  $22,033$37,638
  $63,588$69,021
Family Median Income 85028
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