Garrettsville, Ohio is a small rural town located in Portage County. It has a population of 2,327 people according to the US Census Bureau’s 2019 estimates. The rent for a two bedroom apartment in Garrettsville is $860 per month which is significantly lower than the average national two bedroom rent of $1430. Additionally, the Grocery Cost Index in Garrettsville is 98 versus 100 for the US as a whole. This indicates that groceries in Garrettsville are slightly cheaper than average US grocery prices.
Garrettsville is home to many local businesses including All Seas Marine Services, LLC which offers marine repairs and services; Nanny's Bakery & Cafe, Inc., a popular restaurant known for its pies; Miller's Feed Store, which serves as one of the few remaining family-run feed stores in Ohio; and Lee's Garage Door Company which specializes in garage door installation and repair services.
In summary, Garrettsville is an affordable place to call home as evidenced by its lower monthly rents compared to other parts of the United States. Additionally, groceries are cheaper here than average indicating that living expenses can be kept low when living in this Ohio community.
Garrettsville has an unemployment rate of 4.8%. The US average is 6.0%.
Garrettsville has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Garrettsville
- The Sales Tax Rate for Garrettsville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Garrettsville is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Garrettsville
- The average income of a Garrettsville resident is $23,923 a year. The US average is $28,555 a year.
- The Median household income of a Garrettsville resident is $55,845 a year. The US average is $69,021 a year.