Hoytville, OH Economy


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Hoytville, OH is a small village located in Wood County with a population of under 400. It offers affordable living for those looking for a peaceful environment with access to local amenities. The average two bedroom rent in Hoytville is $1000 which is significantly less than the US average of $1430. Additionally, the Grocery Cost Index in Hoytville is 89 versus 100 in the US meaning groceries are even more affordable than they are nationally. Notable local companies include Valley Tool & Die Company, Black Swamp Conservancy, and VFW Post 7754. With cheaper rent and grocery costs combined with a quiet atmosphere, Hoytville is an excellent place to establish roots for those looking for quieter living.

Hoytville has an unemployment rate of 4.2%. The US average is 6.0%.

Hoytville has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Hoytville
- The Sales Tax Rate for Hoytville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hoytville 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 Hoytville
- The average income of a Hoytville resident is $15,352 a year. The US average is $28,555 a year.
- The Median household income of a Hoytville resident is $59,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHoytville, OhioUnited States
  4.26
  -6.7%-6.2%
  26.3%33.5%
  6.8%6.2%
  3.5%4.6%
  $19,495$37,638
  $59,792$69,021
  $65,833$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  0.6%6.8%
  41.6%10.0%
  0.0%2.5%
  5.2%11.0%
  7.1%4.8%
  1.3%0.8%
  3.9%1.9%
  0.0%4.7%
  1.3%1.9%
  0.0%7.6%
  0.0%0.1%
  2.6%4.2%
  1.3%9.3%
  14.9%14.0%
  0.0%2.1%
  11.0%7.0%
  1.3%4.8%
  7.1%4.7%
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