Fredericksburg, OH Economy


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Fredericksburg, OH is a small town located in the heart of Ohio. It has an array of local businesses that provide jobs and services to its residents. Companies such as King's Carpet and Furniture, J&J Taxidermy, Fredericksburg Gunsmiths, Twin Cables Inc., and Cowell Productions serve the community with quality products and services. In terms of cost of living in Fredericksburg, OH 2 bedroom rent is $1,050 which is significantly lower than the US average at $1,430. Grocery cost index in Fredericksburg is 101 versus 100 in the US making it slightly more affordable for those who live there.

Fredericksburg has an unemployment rate of 3.4%. The US average is 6.0%.

Fredericksburg has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.

Tax Rates for Fredericksburg
- The Sales Tax Rate for Fredericksburg is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Fredericksburg 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 Fredericksburg
- The average income of a Fredericksburg resident is $23,106 a year. The US average is $28,555 a year.
- The Median household income of a Fredericksburg resident is $66,447 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFredericksburg, OhioUnited States
  3.46
  -5.6%-6.2%
  30.8%33.5%
  6.5%6.2%
  4.5%4.6%
  $24,844$37,638
  $66,447$69,021
  $69,107$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  11.0%6.8%
  25.7%10.0%
  0.9%2.5%
  11.5%11.0%
  1.8%4.8%
  0.0%0.8%
  1.4%1.9%
  3.7%4.7%
  1.4%1.9%
  8.3%7.6%
  0.0%0.1%
  5.5%4.2%
  3.7%9.3%
  6.4%14.0%
  0.9%2.1%
  2.8%7.0%
  8.7%4.8%
  6.4%4.7%
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