Wilmot, OH is a small town located in Stark County. It has an estimated population of less than 1,500 people. Despite its small size, Wilmot is home to several local businesses such as Wilmot Pharmacy, K&K Meats, and Little Red Flower Shop. The cost of living in Wilmot is quite reasonable compared to other places; 2 Bedroom rent averages around $860 per month and the Grocery Cost Index is 96 versus 100 in the US. All this combined makes it an attractive place to live for both families and individuals looking for a peaceful atmosphere with affordable prices.
Wilmot has an unemployment rate of 5.4%. The US average is 6.0%.
Wilmot has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Wilmot
- The Sales Tax Rate for Wilmot is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Wilmot 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 Wilmot
- The average income of a Wilmot resident is $19,420 a year. The US average is $28,555 a year.
- The Median household income of a Wilmot resident is $56,563 a year. The US average is $69,021 a year.