Conneaut, OH is a small city located on the shores of Lake Erie. It is a great place to live due to its low cost of living. The average 2 bedroom rent in Conneaut is $800 which is significantly lower than the national average of $1,430. The grocery cost index in Conneaut is also lower than the US average at 94. Locals can enjoy various activities such as fishing or boating in the summertime or skiing and snowmobiling during winter. There are many companies and services in Conneaut including Mark West Boat Service for boat repair and maintenance, Millard & Son’s Sporting Goods for outdoor gear and apparel, and the Top O’ The Hill Bar & Grill which serves delicious burgers and steak dinners.
Conneaut has an unemployment rate of 5.1%. The US average is 6.0%.
Conneaut has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Conneaut
- The Sales Tax Rate for Conneaut is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Conneaut is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Conneaut
- The average income of a Conneaut resident is $16,710 a year. The US average is $28,555 a year.
- The Median household income of a Conneaut resident is $52,373 a year. The US average is $69,021 a year.