New Baltimore, OH Economy


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New Baltimore, OH is a charming small town located in Ohio, with a population of 5,678. It offers an affordable cost of living, with a two bedroom rent averaging at $1,040 – significantly lower than the national average at $1,430. Grocery costs are also slightly below the US average index of 100 - New Baltimore's index is 99. Despite its size, New Baltimore offers plenty for visitors and locals alike. Local companies include A&J Lawn Care & Landscaping Services and Rhoads Automotive Repair & Service. Tourist attractions range from Wolf Creek Covered Bridge to Geauga Lake Park. There's something for everyone in this quaint town!

New Baltimore has an unemployment rate of 4.4%. The US average is 6.0%.

New Baltimore 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 30.6%, which is lower than the US average of 33.5%.

Tax Rates for New Baltimore
- The Sales Tax Rate for New Baltimore is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Baltimore 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 New Baltimore
- The average income of a New Baltimore resident is $19,103 a year. The US average is $28,555 a year.
- The Median household income of a New Baltimore resident is $84,903 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Baltimore, OhioUnited States
  4.46
  -4.7%-6.2%
  30.6%33.5%
  7.0%6.2%
  3.5%4.6%
  $43,953$37,638
  $84,903$69,021
  $121,389$85,028
  Population by Occupation
  0.0%1.2%
  0.7%0.5%
  9.6%6.8%
  23.1%10.0%
  3.0%2.5%
  9.5%11.0%
  6.4%4.8%
  4.2%0.8%
  0.0%1.9%
  11.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.5%4.2%
  7.7%9.3%
  6.8%14.0%
  4.7%2.1%
  0.0%7.0%
  2.3%4.8%
  6.2%4.7%
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