Edison, OH is a great place for those looking to find an affordable place to live with convenient access to necessities. This small town has various local businesses including restaurants, grocery stores, and shops. The average 2 Bedroom rent in Edison is $1,090 per month which is significantly lower than the US average of $1,430 making it a popular location for those seeking more affordable living costs. Additionally, the Grocery Cost Index in Edison is 96 versus 100 in the US indicating that grocery costs are moderately lower than compared to other locations across the country. While small towns like Edison have less amenities than larger cities, residents can find peace of mind knowing that they can live comfortably without having to break their budget.
Edison has an unemployment rate of 4.1%. The US average is 6.0%.
Edison 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 Edison
- The Sales Tax Rate for Edison is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Edison is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Edison
- The average income of a Edison resident is $18,991 a year. The US average is $28,555 a year.
- The Median household income of a Edison resident is $43,750 a year. The US average is $69,021 a year.