Barberton, OH is a wonderful city to call home. According to the content provided, the 2 bedroom rent in Barberton is $970 compared to $1,430 for the US average. Additionally, grocery cost index in Barberton is 95 versus 100 for the US average. This makes it a more affordable option than many other cities across America.
Barberton is home to several companies which contribute to its economy such as Babcock & Wilcox Enterprises Inc., Paul Poma Fence Co., National Interstate Insurance Company and STERIS Corporation. These businesses have had a positive effect on the cost of living in Barberton by providing employment opportunities and supporting local businesses. This helps keep costs low while allowing residents to enjoy a higher quality of life.
Barberton has an unemployment rate of 6.4%. The US average is 6.0%.
Barberton has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Barberton
- The Sales Tax Rate for Barberton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Barberton is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Barberton
- The average income of a Barberton resident is $20,208 a year. The US average is $28,555 a year.
- The Median household income of a Barberton resident is $45,017 a year. The US average is $69,021 a year.