Lynchburg, OH is a small town located in the heart of Ohio. It is known for its friendly people and community spirit. The town has a variety of local businesses and amenities, such as the Lynchburg Lumber Company, which has been providing quality lumber products since 1972. Additionally, there are popular restaurants like Bistro 1841, which offers delicious American-style cuisine in an inviting atmosphere. Nearby recreation areas include Deer Creek State Park and Paint Creek State Park, making it easy to enjoy the outdoors. Lynchburg also offers affordable housing with 2 bedroom rentals costing only $940 per month compared to the average US rate of $1,430. This allows residents to stretch their budget further while still enjoying all the amenities that Lynchburg has to offer.
Lynchburg has an unemployment rate of 5.0%. The US average is 6.0%.
Lynchburg has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Lynchburg
- The Sales Tax Rate for Lynchburg is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lynchburg 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 Lynchburg
- The average income of a Lynchburg resident is $15,201 a year. The US average is $28,555 a year.
- The Median household income of a Lynchburg resident is $57,574 a year. The US average is $69,021 a year.