Canal Fulton, Ohio is a small city located in Northeast Ohio near the banks of the Ohio and Erie Canal. This area is known for its rich history and spectacular scenery. The cost of living in Canal Fulton is slightly lower than the US average. Rent for a two bedroom apartment costs around $970 compared to $1,430 across the US, while the local grocery cost index stands at 98 versus 100 nationally. There are plenty of local businesses that contribute to the economy such as Shriver’s Meats, which offers fresh deli meats, as well as Milltown Coffee Roasters specializing in craft coffee beverages. Canal Fulton has much to offer in terms of culture, history, and affordability which makes it an attractive destination for families and individuals alike.
Canal Fulton has an unemployment rate of 5.4%. The US average is 6.0%.
Canal Fulton has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Canal Fulton
- The Sales Tax Rate for Canal Fulton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Canal Fulton is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Canal Fulton
- The average income of a Canal Fulton resident is $23,660 a year. The US average is $28,555 a year.
- The Median household income of a Canal Fulton resident is $71,290 a year. The US average is $69,021 a year.