Hanging Rock, OH is a popular destination for those seeking a rustic and laid back community that offers plenty of amenities. Located just north of the Ohio River, this small town attracts visitors with its scenic views and great outdoor recreation opportunities. The cost of living is relatively low compared to other towns in the area, with two bedroom rents averaging $820 versus the US average of $1,430. Additionally, grocery costs are on average four percent lower than the US overall. Companies based out of Hanging Rock include Buckeye Valley Water Solutions, Double Oak Landscaping and Dave's Home Repairs. With plenty to offer locals and visitors alike, Hanging Rock continues to be a great place to call home.
Hanging Rock has an unemployment rate of 4.3%. The US average is 6.0%.
Hanging Rock has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Hanging Rock
- The Sales Tax Rate for Hanging Rock is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hanging Rock is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hanging Rock
- The average income of a Hanging Rock resident is $21,808 a year. The US average is $28,555 a year.
- The Median household income of a Hanging Rock resident is $56,875 a year. The US average is $69,021 a year.