Bucyrus, OH is an ideal place for those looking to find affordable housing and living costs. The 2 bedroom rent in Bucyrus, OH is significantly lower than the US average at $780 compared to $1,430. This makes it a great option for those who cannot afford living in bigger cities or states. Moreover, grocery prices are also lower in Bucyrus with a Cost Index of 94 versus 100 in the US overall.
Bucyrus has several local companies located within its borders including Schines Art Theatre, L&R Electrical Contracting LLC, Baughman Tile Co Inc., and Great Lakes Chef Apparel LLC. These companies provide employment opportunities and help to bolster the local economy.
In conclusion, Bucyrus offers low cost housing and groceries making it an ideal place to live with a low cost of living when compared to other parts of the country. With local businesses providing plenty of job opportunities, this city is definitely worth considering when selecting your next home base.
Bucyrus has an unemployment rate of 5.0%. The US average is 6.0%.
Bucyrus has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for Bucyrus
- The Sales Tax Rate for Bucyrus is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bucyrus is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bucyrus
- The average income of a Bucyrus resident is $19,644 a year. The US average is $28,555 a year.
- The Median household income of a Bucyrus resident is $44,068 a year. The US average is $69,021 a year.