Granville, OH Economy


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Granville, OH is a small town located just east of Columbus. It has a unique downtown area with restaurants, art galleries, and local businesses that cater to locals and visitors alike. The average 2 bedroom rental in Granville is $1,170 per month which is slightly lower than the US average of $1,430 per month making it an attractive option for those looking for affordable housing. In addition to being more affordable than other locations Granville also offers a lower cost index for groceries when compared to the national average. The Grocery Cost Index in Granville is 103 whereas the US average is at 100 giving residents even more savings on essential items. Popular local companies include REK Produce, Granville Milling Co., and Ace Hardware.

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

Granville 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 Granville
- The Sales Tax Rate for Granville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Granville 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 Granville
- The average income of a Granville resident is $30,106 a year. The US average is $28,555 a year.
- The Median household income of a Granville resident is $135,326 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGranville, OhioUnited States
  3.86
  -3.3%-6.2%
  32.7%33.5%
  7.3%6.2%
  5.0%4.6%
  $42,623$37,638
  $135,326$69,021
  $172,984$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.8%6.8%
  3.7%10.0%
  1.6%2.5%
  7.8%11.0%
  0.8%4.8%
  1.2%0.8%
  0.8%1.9%
  5.4%4.7%
  2.8%1.9%
  10.0%7.6%
  1.9%0.1%
  4.1%4.2%
  35.5%9.3%
  10.2%14.0%
  2.1%2.1%
  3.4%7.0%
  2.7%4.8%
  1.2%4.7%
Reviews for Granville
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Over 17 years ago

The quality of life in Granville in wonderful. We have children and enjoy the charm of a small town with the diversity of Denison University campus. Charm and  More

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