Morgandale, OH is a great place to live due to the affordable rent and low cost of groceries. The average two bedroom rent in Morgandale is $840 versus the US average of $1,430. Also, the Grocery Cost Index in Morgandale is 94 versus 100 in the US, making it even more attractive for families looking for an affordable place to call home. Not only that, but Morgandale is also home to many businesses such as Sam's Store, Henry's Grocery, and Joe's Auto Repair. These businesses provide employment opportunities and offer customers convenience at a great price. Furthermore, Morgandale offers a variety of recreational activities such as hiking trails, fishing spots, and golf courses that make living here enjoyable. With its affordability and quality of life amenities it's easy to see why people choose to move to Morgandale OH.
Morgandale has an unemployment rate of 6.4%. The US average is 6.0%.
Morgandale has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Morgandale
- The Sales Tax Rate for Morgandale is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Morgandale 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 Morgandale
- The average income of a Morgandale resident is $17,958 a year. The US average is $28,555 a year.
- The Median household income of a Morgandale resident is $24,235 a year. The US average is $69,021 a year.