Palestine, OH Economy


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Palestine, OH is a small rural town located in Ohio. It is known for its affordable cost of living, with two bedroom rent being considerably lower than the national average at $700 per month. Groceries are also cheaper in Palestine with a grocery cost index of 93 compared to the US average index of 100.
The town is home to several local businesses such as D&S Market, The Lone Wolf Cafe and Bar, and Watson's Boot & Shoe Store which offer a variety of goods and services to the locals. There is also a selection of schools available for children in the area including Palestine Elementary School for K-8 students and River Valley High School for grades 9-12.
For those interested in sightseeing, Palestine offers plenty of attractions including picturesque Lake Alma State Park which features hiking trails and fishing spots; historic Fort Stephenson which was an important site during the War of 1812; and the Southern Ohio Museum which offers visitors an opportunity to learn more about local history.

Palestine has an unemployment rate of 3.7%. The US average is 6.0%.

Palestine has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Palestine
- The Sales Tax Rate for Palestine is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Palestine 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 Palestine
- The average income of a Palestine resident is $15,035 a year. The US average is $28,555 a year.
- The Median household income of a Palestine resident is $46,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPalestine, OhioUnited States
  3.76
  -3.5%-6.2%
  24.0%33.5%
  7.3%6.2%
  3.5%4.6%
  $23,721$37,638
  $46,875$69,021
  $44,464$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  11.9%6.8%
  28.9%10.0%
  0.0%2.5%
  9.6%11.0%
  0.7%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.0%4.2%
  1.5%9.3%
  11.1%14.0%
  0.7%2.1%
  24.4%7.0%
  2.2%4.8%
  1.5%4.7%
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