Montpelier, OH is a great city to call home. With affordable rental prices of $790 for a two bedroom, people can make their housing budgets stretch farther here than most places across the country. In addition, the grocery cost index is lower in Montpelier than the US average of 100, so residents can save money on food and other necessities. Residents who are looking for apartments in Montpelier may find help from local real estate agencies such as Jendel Realty Inc., Kullman Real Estate Services LLC, and McKeever Real Estate Agency Inc. These companies have extensive knowledge of the local market and can help guide clients to find their ideal rental home.
Montpelier has an unemployment rate of 3.7%. The US average is 6.0%.
Montpelier has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Montpelier
- The Sales Tax Rate for Montpelier is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Montpelier is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Montpelier
- The average income of a Montpelier resident is $17,507 a year. The US average is $28,555 a year.
- The Median household income of a Montpelier resident is $41,536 a year. The US average is $69,021 a year.