Roswell, OH Economy


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Roswell, OH is a small but growing city with a population of around 6,000 people. It is located in the southwest corner of Ohio near the state line with Kentucky. The cost of living in Roswell is relatively low compared to the national average, with a 2 bedroom rent at $870 compared to the US average of $1,430 and a Grocery Cost Index at 96 versus 100 in the US.
The city has an array of small businesses that are making it thrive such as Trax Farms and Feed Store which supplies local farmers with all their needs for their animals and crops. There is also Community Pride Bank which provides quality banking services to individuals and businesses alike. For entertainment purposes there's Cherry Valley Lodge which features several outdoor activities like golfing, fishing, horseback riding and more. Additionally the city offers City Park which serves as an excellent nature spot for bird-watching or simply relaxing outdoors. All these activities make Roswell an ideal destination for anyone looking for a great place to live or visit!

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

Roswell 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 Roswell
- The Sales Tax Rate for Roswell is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Roswell is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Roswell
- The average income of a Roswell resident is $19,901 a year. The US average is $28,555 a year.
- The Median household income of a Roswell resident is $57,946 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoswell, OhioUnited States
  4.56
  -4.5%-6.2%
  24.3%33.5%
  7.3%6.2%
  4.5%4.6%
  $25,150$37,638
  $57,946$69,021
  $58,571$85,028
  Population by Occupation
  0.0%1.2%
  3.6%0.5%
  8.0%6.8%
  21.4%10.0%
  3.6%2.5%
  15.2%11.0%
  4.5%4.8%
  4.5%0.8%
  0.0%1.9%
  1.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  6.3%4.2%
  9.8%9.3%
  6.3%14.0%
  0.0%2.1%
  15.2%7.0%
  0.0%4.8%
  0.0%4.7%
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