New Lebanon, OH Economy


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United States / Ohio / No Metro Area / Montgomery County / New Lebanon / Zip Codes
New Lebanon, OH is a small town located in the western part of Ohio. It is known for its unique charm and friendly atmosphere. With a population of just over 3,000 people, this town offers residents a peaceful and relaxed lifestyle. The 2 bedroom rent in New Lebanon is significantly lower than the national average, making it an attractive choice for those looking to save money on housing costs. Additionally, the grocery cost index in New Lebanon is lower than the US average, meaning that food costs are quite affordable here as well.
New Lebanon has several attractions to offer locals and visitors alike. The New Lebanon Historical Society Museum provides insight into the town's past with artifacts and exhibits from its early days as one of the earliest settlements in Warren County. For outdoor activities, Woodman Park offers plenty of trails and greenspace for hiking and other recreational activities. There are also numerous local businesses to explore such as Lebie's Ice Cream Parlor, The Barn Restaurant & Pub, and Cunningham's Country Store.

New Lebanon has an unemployment rate of 5.5%. The US average is 6.0%.

New Lebanon has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.

Tax Rates for New Lebanon
- The Sales Tax Rate for New Lebanon is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Lebanon is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New Lebanon
- The average income of a New Lebanon resident is $17,446 a year. The US average is $28,555 a year.
- The Median household income of a New Lebanon resident is $52,353 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Lebanon, OhioUnited States
  5.56
  -4.4%-6.2%
  28.7%33.5%
  7.5%6.2%
  4.5%4.6%
  $20,400$37,638
  $52,353$69,021
  $55,862$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  23.7%6.8%
  13.2%10.0%
  1.4%2.5%
  16.5%11.0%
  4.1%4.8%
  0.0%0.8%
  0.0%1.9%
  6.7%4.7%
  2.1%1.9%
  0.0%7.6%
  0.0%0.1%
  3.4%4.2%
  1.4%9.3%
  21.2%14.0%
  0.0%2.1%
  4.4%7.0%
  1.1%4.8%
  0.9%4.7%
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