Utica, OH Economy


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Utica, OH is a small city located in Licking County with a population of about 5,500 people. This rural city offers its residents a low cost of living with the average rent for a two bedroom apartment being only $960 compared to the US average of $1,430. The grocery cost index in Utica is 97 versus 100 in the US meaning groceries are cheaper than most other places in America. \nThe city of Utica has an array of local businesses to shop at including Utica Pharmacy & Gifts, Starbuck's Heating & Cooling Inc., and McFarland Collision Center LLC. These businesses offer goods and services ranging from auto repair to gift baskets that will not break the bank due to the lower cost of living in Utica.

Utica has an unemployment rate of 3.8%. The US average is 6.0%.

Utica has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Utica
- The Sales Tax Rate for Utica is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Utica is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Utica
- The average income of a Utica resident is $18,022 a year. The US average is $28,555 a year.
- The Median household income of a Utica resident is $49,900 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUtica, OhioUnited States
  3.86
  -3.3%-6.2%
  32.7%33.5%
  7.3%6.2%
  5.2%4.6%
  $20,888$37,638
  $49,900$69,021
  $63,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  15.9%6.8%
  8.0%10.0%
  0.0%2.5%
  13.6%11.0%
  13.6%4.8%
  2.0%0.8%
  0.4%1.9%
  4.5%4.7%
  0.0%1.9%
  1.0%7.6%
  0.0%0.1%
  0.5%4.2%
  2.8%9.3%
  10.1%14.0%
  0.3%2.1%
  8.0%7.0%
  13.4%4.8%
  5.9%4.7%
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