Millfield, OH Economy


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Millfield, OH is a small city located in Ohio. It has an array of local businesses such as Millfield Hardware, Bob's Auto Repair, and Millfield Cafe. The costs of living are notably lower in Millfield than the US average; two bedroom rent is $950 compared to the national median of $1,430. Additionally, the Grocery Cost Index in Millfield is 97 instead of the US average 100. This shows that groceries are relatively affordable in the city.

Millfield has an unemployment rate of 4.3%. The US average is 6.0%.

Millfield has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.2%, which is lower than the US average of 33.5%.

Tax Rates for Millfield
- The Sales Tax Rate for Millfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Millfield 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 Millfield
- The average income of a Millfield resident is $18,969 a year. The US average is $28,555 a year.
- The Median household income of a Millfield resident is $46,023 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillfield, OhioUnited States
  4.36
  -5.0%-6.2%
  27.2%33.5%
  7.0%6.2%
  3.5%4.6%
  $30,401$37,638
  $46,023$69,021
  $60,313$85,028
  Population by Occupation
  6.0%1.2%
  0.0%0.5%
  0.0%6.8%
  13.9%10.0%
  0.0%2.5%
  27.8%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  11.9%1.9%
  0.0%7.6%
  0.0%0.1%
  19.2%4.2%
  6.0%9.3%
  9.3%14.0%
  0.0%2.1%
  0.0%7.0%
  6.0%4.8%
  0.0%4.7%
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