Germantown, OH is a great place to live. It has a low cost of living - 2 bedroom rent is $1,010 compared to the US average of $1,430 - and its Grocery Cost Index is 97 versus 100 in the US. There are many great local companies in the area, such as Germantown Lumber & Supply Company, Knoop Automotive Services LLC, and The Germantown Inn. These companies provide quality services for the community while also supporting local economic development. As such, Germantown is an ideal location to call home.
Germantown has an unemployment rate of 5.5%. The US average is 6.0%.
Germantown 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 Germantown
- The Sales Tax Rate for Germantown is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Germantown is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Germantown
- The average income of a Germantown resident is $30,393 a year. The US average is $28,555 a year.
- The Median household income of a Germantown resident is $77,452 a year. The US average is $69,021 a year.