Russellville, OH Economy


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Russellville, OH is a small town located in Southwest Ohio. It is home to several businesses such as The Russellville Café, Y&H Auto Parts, and Forever Green Landscaping Services. The cost of living in Russellville is relatively low compared to the national average. 2 bedroom rental prices are $970 which is 33% less than the national average of $1430. Additionally, the grocery cost index in Russellville is 94 compared to 100 in the US. This suggests that grocery items are slightly cheaper than the rest of the country overall. All in all, Russellville provides an affordable lifestyle for those looking for it.

Russellville has an unemployment rate of 4.9%. The US average is 6.0%.

Russellville has seen the job market increase by 0.4% 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 Russellville
- The Sales Tax Rate for Russellville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Russellville 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 Russellville
- The average income of a Russellville resident is $20,502 a year. The US average is $28,555 a year.
- The Median household income of a Russellville resident is $58,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRussellville, OhioUnited States
  4.96
  -4.4%-6.2%
  26.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $24,687$37,638
  $58,750$69,021
  $44,375$85,028
  Population by Occupation
  2.7%1.2%
  0.0%0.5%
  9.6%6.8%
  6.8%10.0%
  0.0%2.5%
  14.2%11.0%
  6.6%4.8%
  0.5%0.8%
  0.5%1.9%
  0.5%4.7%
  1.4%1.9%
  0.5%7.6%
  0.0%0.1%
  8.8%4.2%
  15.3%9.3%
  17.0%14.0%
  2.2%2.1%
  6.8%7.0%
  5.8%4.8%
  0.5%4.7%
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