Canal Lewisville, OH Economy


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Canal Lewisville, OH is a small town located in Ohio. It offers affordable living with two bedroom rent coming in at $780 compared to the national averages of $1,430. The cost of groceries are also lower than the national averages, making it an attractive destination for those looking to save money. The city is home to several businesses such as Lewisville Florist, Sohio Auto Supply, and Bridgeport Pizza Company. All of these local companies offer employment opportunities and help to support the community.

Canal Lewisville has an unemployment rate of 5.5%. The US average is 6.0%.

Canal Lewisville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 4.4%, which is lower than the US average of 33.5%.

Tax Rates for Canal Lewisville
- The Sales Tax Rate for Canal Lewisville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Canal Lewisville 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 Canal Lewisville
- The average income of a Canal Lewisville resident is $15,013 a year. The US average is $28,555 a year.
- The Median household income of a Canal Lewisville resident is $70,747 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanal Lewisville, OhioUnited States
  5.56
  -5.3%-6.2%
  4.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $19,809$37,638
  $70,747$69,021
  $71,128$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.9%10.0%
  0.0%2.5%
  7.9%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  11.6%7.6%
  0.0%0.1%
  14.9%4.2%
  10.2%9.3%
  15.8%14.0%
  5.1%2.1%
  0.0%7.0%
  27.0%4.8%
  6.5%4.7%
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