Chesterville, OH Economy


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Chesterville, OH is a small town located in Morrow County with a population of around 700 persons. It is located southwest of Mansfield and offers its residents an affordable cost of living. The median two bedroom rent here stands at $1,020 per month which makes it much more affordable than the US average of $1,430. Furthermore, the grocery cost index here is 95 versus 100 in the US making it a good place to settle for those who are looking to save on their expenses.
The town has several local businesses that cater to its citizens including JKM Grocery Store and Hardware Store which provides all essential items for daily life; Antiques Plus which specializes in antiques; Kens Farm Market with fresh seasonal produce; and the Chesterville Methodist Church which serves as both a spiritual centre and community hub.
When it comes to leisure activities, Chesterville has plenty of options for locals and visitors alike to enjoy. Some of these include Prospect Park Pool with swimming pool facilities, Chestervile Historical Society Museum showcasing local artifacts, Community Park boasting picnic spots and sports fields, as well as Holman Lake providing fishing opportunities.

Chesterville has an unemployment rate of 4.1%. The US average is 6.0%.

Chesterville 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 Chesterville
- The Sales Tax Rate for Chesterville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Chesterville 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 Chesterville
- The average income of a Chesterville resident is $15,467 a year. The US average is $28,555 a year.
- The Median household income of a Chesterville resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterville, OhioUnited States
  4.16
  -3.3%-6.2%
  29.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $22,251$37,638
  $51,250$69,021
  $61,429$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  37.7%6.8%
  10.1%10.0%
  0.0%2.5%
  17.4%11.0%
  14.5%4.8%
  0.0%0.8%
  0.0%1.9%
  4.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  8.7%4.2%
  2.9%9.3%
  0.0%14.0%
  2.9%2.1%
  0.0%7.0%
  0.0%4.8%
  1.4%4.7%
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