Risingsun, OH is an attractive place to live for those who are looking for a slightly lower cost of living. The average rent for a two-bedroom apartment in Risingsun is $890, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Risingsun is 92 compared to 100 in the US. This makes groceries more affordable as well.
The town of Risingsun offers plenty of amenities to its residents, including several local businesses. Some popular companies based in Risingsun include Tate's Auto Repair, Green Earth Flower Shop and Logsdon's Construction. Each of these businesses offer quality products and services that locals consistently use and appreciate.
Risingsun has an unemployment rate of 4.2%. The US average is 6.0%.
Risingsun has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Risingsun
- The Sales Tax Rate for Risingsun is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Risingsun 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 Risingsun
- The average income of a Risingsun resident is $14,405 a year. The US average is $28,555 a year.
- The Median household income of a Risingsun resident is $52,250 a year. The US average is $69,021 a year.