Derby, OH is a unique city nestled in the heart of Ohio. It is known for its small town charm and friendly atmosphere. Home to numerous local businesses such as Derby Speedway, the Derby Inn and Anderson's Country Store, it provides a unique experience for visitors and residents alike. The cost of living in Derby is quite reasonable with two bedroom rents coming in at around $1,090 compared to the national average of $1,430. The grocery cost index is also on par with the rest of the nation sitting at 100 versus an average of 100 in the US. These factors make Derby a great place to live or visit with plenty of opportunity for exploration and job opportunities due its thriving landscape of industries.
Derby has an unemployment rate of 4.2%. The US average is 6.0%.
Derby has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Derby
- The Sales Tax Rate for Derby is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Derby 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 Derby
- The average income of a Derby resident is $42,240 a year. The US average is $28,555 a year.
- The Median household income of a Derby resident is $29,531 a year. The US average is $69,021 a year.