Rochester, OH is a great place to live with its low cost of living and excellent job prospects. Rent for a two bedroom apartment in Rochester comes in at $890, which is much lower than the average US price of $1430. The index for grocery costs is also lower than the US average, coming in at 98 versus 100. This makes the city an affordable and attractive choice for people looking to move and settle down.
The local economy has plenty of opportunities, with companies such as Anderson Manufacturing, TJX Companies, Seaman Corporation, JSW Plastics Group, and Frito Lay Inc offering jobs in the area. Additionally, the city is home to a range of small businesses that help give life and culture to Rochester’s neighborhoods.
Rochester has an unemployment rate of 4.2%. The US average is 6.0%.
Rochester 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 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Rochester
- The Sales Tax Rate for Rochester is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rochester 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 Rochester
- The average income of a Rochester resident is $22,401 a year. The US average is $28,555 a year.
- The Median household income of a Rochester resident is $74,583 a year. The US average is $69,021 a year.