Canal Winchester, OH is a small city located in the state of Ohio that has a population of less than 10,000. The city offers affordable living costs with 2 bedroom rents being $1,190 compared to the national average of $1,430. The Grocery Cost Index in Canal Winchester also scores below the US average at 99 versus 100. The local economy is primarily driven by retail businesses including Marshall’s department store, Dollar General, and Graul's Market. In addition, other companies such as Flex-Team Inc., E-Cycle Environmental LLC., and Whitehall Exhaust Systems are based in Canal Winchester as well. With its affordable cost of living and convenient location, Canal Winchester is an ideal place for families and individuals to settle.
Canal Winchester has an unemployment rate of 5.5%. The US average is 6.0%.
Canal Winchester has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Canal Winchester
- The Sales Tax Rate for Canal Winchester is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Canal Winchester is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Canal Winchester
- The average income of a Canal Winchester resident is $33,375 a year. The US average is $28,555 a year.
- The Median household income of a Canal Winchester resident is $104,411 a year. The US average is $69,021 a year.