Cardington, OH is a small town located in Morrow County with a population of around 1,300 people. The town offers a quiet and peaceful lifestyle to its inhabitants and the cost of living is significantly lower compared to the national average. 2 Bedroom rent in Cardington is $990 which is much cheaper than $1,430 for the US. Additionally, the Grocery Cost index for Cardington stands at 97 against 100 for the US. Local companies in Cardington are Ceramic Industries Inc., Agri-Fab LLC, Seaman Corporation, Redwood Plastics Corporation and Mid Ohio Contracting Co. These companies employ members of the local community and help them generate additional income.
Cardington has an unemployment rate of 4.1%. The US average is 6.0%.
Cardington has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Cardington
- The Sales Tax Rate for Cardington is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cardington is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cardington
- The average income of a Cardington resident is $15,621 a year. The US average is $28,555 a year.
- The Median household income of a Cardington resident is $57,632 a year. The US average is $69,021 a year.