Malinta, OH is a small city located in Northwest Ohio, with a population of just under 5,000 people. This town is great for those who are looking for a more economical lifestyle as it has lower costs of living compared to many urban areas. The average rent for a two-bedroom apartment here is $770 which is around half the cost of the national average at $1,430. Similarly, groceries in Malinta are 8 percent cheaper than the national average as indicated by the Grocery Cost Index. The local businesses in the area include restaurants such as La Fiesta Mexican Bar & Grill and Mama J's Soul Food Restaurant; convenience stores like Miller’s Market and E&M Party Store; and specialty stores such as Larry’s Appliances & Furniture. Prices here are generally lower than other parts of the country which makes it an attractive option for those looking to save some money while still enjoying all that Malinta has to offer.
Malinta has an unemployment rate of 5.1%. The US average is 6.0%.
Malinta has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Malinta
- The Sales Tax Rate for Malinta is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Malinta 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 Malinta
- The average income of a Malinta resident is $22,237 a year. The US average is $28,555 a year.
- The Median household income of a Malinta resident is $42,143 a year. The US average is $69,021 a year.