Shreve, OH is a small town located in Wayne County with a population of 1,200 people. The cost of living in Shreve is lower than the US average overall; for instance, 2 bedroom rent in Shreve is $880 monthly compared to the US average of $1,430. Additionally, the Grocery Cost Index in Shreve is 96 versus 100 in the US. People living in Shreve enjoy many attractions such as Historic Zoar Village and Oak Hill Cottage Historical Museum. Local companies include Riesbeck Food Markets and Farmer’s Daughter Country Market. Shreve offers its residents excellent cultural amenities while being near big cities like Canton and Cleveland which are approximately 45 minutes away.
Shreve has an unemployment rate of 3.4%. The US average is 6.0%.
Shreve has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Shreve
- The Sales Tax Rate for Shreve is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Shreve 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 Shreve
- The average income of a Shreve resident is $16,277 a year. The US average is $28,555 a year.
- The Median household income of a Shreve resident is $58,411 a year. The US average is $69,021 a year.