Convoy, OH is a small village located in northwestern Ohio. It has a population of just over 1,400 and is known for its friendly atmosphere and close-knit community. The cost of living in Convoy is relatively low compared to the U.S average. The 2 bedroom rent in Convoy is $830 while it’s $1,430 nationwide. Additionally, the Grocery Cost Index in Convoy is 91 versus 100 nationally. Popular local businesses include K&K Auto Repair & Service, Wright Automotive, B&W Hardware Store & Rental Center and Green Valley Equipment Inc. Convoy offers an economical cost of living that can be appreciated by individuals and families alike.
Convoy has an unemployment rate of 3.8%. The US average is 6.0%.
Convoy 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 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Convoy
- The Sales Tax Rate for Convoy is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Convoy 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 Convoy
- The average income of a Convoy resident is $19,642 a year. The US average is $28,555 a year.
- The Median household income of a Convoy resident is $57,800 a year. The US average is $69,021 a year.