Carroll, OH Economy


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Carroll, OH is a great place to live. The average two bedroom rent is just $1,050, making it much more affordable than the national average of $1,430. The grocery cost index for the area is also slightly lower than the US at 102 versus 100. As such, residents benefit from having lower costs of living in Carroll than most other parts of the country. This small town is home to a number of businesses and attractions, including Davis Farms Market, Armstrong Air & Space Museum, and the The Great Trail Festival. Local businesses provide employment opportunities while attractions and activities offer plenty to do for all ages. Carroll is a great choice for anyone looking for an affordable area with plenty of activities to enjoy.

Carroll has an unemployment rate of 4.6%. The US average is 6.0%.

Carroll has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Carroll
- The Sales Tax Rate for Carroll is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Carroll is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Carroll
- The average income of a Carroll resident is $29,594 a year. The US average is $28,555 a year.
- The Median household income of a Carroll resident is $58,382 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarroll, OhioUnited States
  4.66
  -3.4%-6.2%
  32.5%33.5%
  6.8%6.2%
  4.2%4.6%
  $27,425$37,638
  $58,382$69,021
  $62,321$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  11.5%6.8%
  5.4%10.0%
  0.8%2.5%
  16.9%11.0%
  11.1%4.8%
  0.0%0.8%
  0.8%1.9%
  2.5%4.7%
  1.2%1.9%
  7.0%7.6%
  0.0%0.1%
  5.4%4.2%
  4.9%9.3%
  8.6%14.0%
  1.2%2.1%
  7.0%7.0%
  2.9%4.8%
  11.5%4.7%
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