Wapakoneta, OH is a great small town with a variety of local companies offering various goods and services to its residents. The cost of living in Wapakoneta is relatively low compared to most other towns in the US. The average rent for two-bedroom apartments is only $770, which is half the national average of $1430. Additionally, the Grocery Cost Index in Wapakoneta is 96 versus 100 in the US, indicating that groceries are cheaper than average here. Some of the local businesses included in this small town are Glandorf Hardware & Supply Co., Wapakoneta Family Restaurant, and Red Carpet Inn & Suites. Overall, Wapakoneta is a great place to call home due to its low cost of living and abundance of local businesses.
Wapakoneta has an unemployment rate of 3.3%. The US average is 6.0%.
Wapakoneta 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 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Wapakoneta
- The Sales Tax Rate for Wapakoneta is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Wapakoneta 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 Wapakoneta
- The average income of a Wapakoneta resident is $21,094 a year. The US average is $28,555 a year.
- The Median household income of a Wapakoneta resident is $55,876 a year. The US average is $69,021 a year.