Mansfield, OH is a great place to live with plenty of attractions in the area. The cost of living there is quite reasonable, with an average 2 bedroom rent at $830 compared to the US average at $1,430. Groceries are also relatively inexpensive with the Grocery Cost Index in Mansfield being 95 versus 100 in the US. There are many local companies in Mansfield, such as Richland Bank, Osgood State Bank, Sterling Jewelers Inc., M & R Plastics Corporation, Emser Tile Distributors LLC and more. Mansfield offers residents affordable housing options and lower cost of living, making it an ideal place for those who are looking for a comfortable and stress-free lifestyle.
Mansfield has an unemployment rate of 6.1%. The US average is 6.0%.
Mansfield has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Mansfield
- The Sales Tax Rate for Mansfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mansfield is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mansfield
- The average income of a Mansfield resident is $17,852 a year. The US average is $28,555 a year.
- The Median household income of a Mansfield resident is $37,009 a year. The US average is $69,021 a year.