Northfield, OH is an ideal location for those looking for a balance of affordability and convenience. It offers reasonable 2 Bedroom rents of $1,200 compared to the US average of $1,430. The cost of groceries is also competitive with the index in Northfield and the US both being 100. In addition to its low costs Northfield is home to many popular companies such as Graeter’s Ice Cream, Victoria Theatre and Dayton Arcade. This city also offers diverse attractions from cultural sites like the Ohio Chinese Lantern Festival to outdoor activities like the Northfield Park Gaming Center. For all these advantages Northfield has become a sought-after destination offering residents a variety of neighborhoods to choose from including Wilshire Heights, Old Orchard and Grandon Farms.
Northfield has an unemployment rate of 5.7%. The US average is 6.0%.
Northfield 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 Northfield
- The Sales Tax Rate for Northfield is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Northfield is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Northfield
- The average income of a Northfield resident is $26,970 a year. The US average is $28,555 a year.
- The Median household income of a Northfield resident is $64,909 a year. The US average is $69,021 a year.