New Philadelphia, OH Economy


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New Philadelphia, OH is a vibrant city offering affordable living and plenty of amenities. 2 bedroom rent in the area is currently at $870 per month which is significantly lower than the US average of $1,430. The cost of groceries in New Philadelphia is also favorable with a grocery cost index of 96 compared to 100 for the national average.
In addition to affordable living costs, there are many local businesses in New Philadelphia that provide excellent services and amenities to residents. Some notable companies include Pasquale's Pizza House, an Italian restaurant that has been serving delicious homemade pizzas since 1962; Hooper's Pharmacy providing quality health care products and services since 1888; New Towne Mall offering retail stores and restaurants such as JCPenney, Macy’s, Hollister Co., Starbucks Coffee Company and more; and Schoenbrunn State Park which offers camping, fishing, swimming areas and hiking trails for outdoor recreation opportunities.

New Philadelphia has an unemployment rate of 4.5%. The US average is 6.0%.

New Philadelphia has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for New Philadelphia
- The Sales Tax Rate for New Philadelphia is 6.8%. The US average is 7.3%.
- The Income Tax Rate for New Philadelphia is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for New Philadelphia
- The average income of a New Philadelphia resident is $22,020 a year. The US average is $28,555 a year.
- The Median household income of a New Philadelphia resident is $49,228 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Philadelphia, OhioUnited States
  4.56
  -4.5%-6.2%
  24.3%33.5%
  7.3%6.2%
  4.7%4.6%
  $28,790$37,638
  $49,228$69,021
  $62,681$85,028
  Population by Occupation
  0.2%1.2%
  2.1%0.5%
  3.2%6.8%
  23.0%10.0%
  2.2%2.5%
  11.1%11.0%
  1.7%4.8%
  0.9%0.8%
  3.0%1.9%
  3.4%4.7%
  0.4%1.9%
  5.6%7.6%
  0.0%0.1%
  5.0%4.2%
  6.4%9.3%
  12.6%14.0%
  1.8%2.1%
  9.3%7.0%
  6.1%4.8%
  2.1%4.7%
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