Farmersville, OH is a small town located in Montgomery County. It has a population of about 2,200 people and boasts a large number of amenities for its size. Residents enjoy access to several local shops, restaurants, and other businesses. The cost of living is relatively low compared to other parts of Ohio with an average two bedroom rent at $1,040 per month and an overall grocery cost index that is 98 versus 100 in the US. Local companies in Farmersville include Sunrise Brothers General Store, Hicks Family Farms Produce Market, and Johnson’s Bicycle & Repair Shop. With a low cost of living and plenty of amenities nearby, Farmersville is an ideal place for families looking to settle down in rural Ohio.
Farmersville has an unemployment rate of 5.5%. The US average is 6.0%.
Farmersville 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 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Farmersville
- The Sales Tax Rate for Farmersville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Farmersville 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 Farmersville
- The average income of a Farmersville resident is $23,270 a year. The US average is $28,555 a year.
- The Median household income of a Farmersville resident is $72,500 a year. The US average is $69,021 a year.