Harrod, OH is a small village located in Allen County. It is a quiet and peaceful village, offering its residents a safe and friendly environment to live in. The average 2 Bedroom rent in the area is $800, which is much lower than the US average of $1,430. In addition, grocery cost index in Harrod is 91 versus 100 in the US. This makes it an economically attractive place for those looking for affordable living costs. Local companies in Harrod include Trading Post IGA, Harrod Area Chamber of Commerce, Buckeye State Bank, and Harrod Concrete & Block Co. These small businesses provide employment opportunities for locals and contribute to the economic growth of the village.
Harrod has an unemployment rate of 5.4%. The US average is 6.0%.
Harrod has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Harrod
- The Sales Tax Rate for Harrod is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Harrod 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 Harrod
- The average income of a Harrod resident is $21,264 a year. The US average is $28,555 a year.
- The Median household income of a Harrod resident is $69,531 a year. The US average is $69,021 a year.