Sylvania, OH Economy


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Sylvania, OH is a great place to live. It has a lot of great local companies such as The Andersons, O-I Glass, and ProMedica Health System. The cost of living in Sylvania is quite attractive compared to the rest of the United States. Two bedroom rent in Sylvania is approximately $1,020 per month which is significantly lower than the national average price at $1,430. Furthermore, grocery costs are about 97 out of 100 meaning they are slightly below average for the US. All things considered, Sylvania OH is an excellent choice for those looking for an affordable and comfortable place to call home.

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

Sylvania has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Sylvania
- The Sales Tax Rate for Sylvania is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sylvania is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sylvania
- The average income of a Sylvania resident is $35,248 a year. The US average is $28,555 a year.
- The Median household income of a Sylvania resident is $88,246 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySylvania, OhioUnited States
  66
  -6.8%-6.2%
  23.4%33.5%
  7.3%6.2%
  5.0%4.6%
  $41,504$37,638
  $88,246$69,021
  $99,481$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.9%6.8%
  14.0%10.0%
  2.5%2.5%
  9.2%11.0%
  3.9%4.8%
  0.0%0.8%
  1.2%1.9%
  4.5%4.7%
  1.4%1.9%
  7.8%7.6%
  0.1%0.1%
  3.1%4.2%
  13.8%9.3%
  19.5%14.0%
  1.7%2.1%
  5.7%7.0%
  4.4%4.8%
  3.1%4.7%
Reviews for Sylvania
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Over 8 years ago

Sylvania, Ohio is a suburb of Toledo, Ohio in the Northwest part of the state. The climate here is pretty decent if you are OK with a fairly long winter. Sometimes the  More

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If you enjoy small Midwestern towns or cities, Sylvania, Ohio, could fill the bill. It has a noteworthy school system, little-to-average traffic, and a great library.   More

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Over 13 years ago

I've lived in Sylvania for the majority of my life. The school system is top notch and one of the few areas where the school levy always seems to pass. If you're  More

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