Munroe Falls, OH is a great place to live with affordable rent and low grocery costs. Located near Akron and Canton, Munroe Falls is home to several local businesses such as the Farmers National Bank, Monarch Dental, and the Munroe Falls Police Department. Additionally, residents can enjoy outdoor activities at the neighboring Cuyahoga Valley National Park or golf at Silver Lake Country Club. The small town offers a quiet atmosphere for those looking to escape the hustle of city living while having access to all of the major attractions nearby.
Munroe Falls has an unemployment rate of 5.7%. The US average is 6.0%.
Munroe Falls has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Munroe Falls
- The Sales Tax Rate for Munroe Falls is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Munroe Falls is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Munroe Falls
- The average income of a Munroe Falls resident is $33,746 a year. The US average is $28,555 a year.
- The Median household income of a Munroe Falls resident is $66,344 a year. The US average is $69,021 a year.