Fredericktown, OH is a small town in Knox County with an estimated population of 3,095. Home to many local businesses and attractions, Fredericktown offers a unique lifestyle for its residents. The cost of living is affordable with the average 2 bedroom rent in the town being $870 compared to $1,430 nationally. The Grocery Cost Index for this town is 97% compared to the US average of 100%. Local companies include J&M Tree Service & Landscaping, Ingle Furniture, Shaffer's Fireside Restaurant & Bar and Freistats Tax Services. With plenty of outdoor activities and parks nearby, Fredericktown is a great place to enjoy a relaxed lifestyle surrounded by friendly people and beautiful scenery.
Fredericktown has an unemployment rate of 3.7%. The US average is 6.0%.
Fredericktown has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Fredericktown
- The Sales Tax Rate for Fredericktown is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fredericktown 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 Fredericktown
- The average income of a Fredericktown resident is $24,973 a year. The US average is $28,555 a year.
- The Median household income of a Fredericktown resident is $59,107 a year. The US average is $69,021 a year.