McDonald, OH is a small rural town located in the eastern part of the state. With a population of only 2,500 people, it provides a close-knit community atmosphere and access to many local amenities. The 2 bedroom rent in McDonald, OH is an affordable $850 compared to the national average of $1,430. Additionally, the grocery cost index is 94 versus 100 nationally. This means that groceries are cheaper in McDonald than elsewhere in the US. Local companies include McDonald Hardware & Supply, Staley Plumbing & Heating Supplies Inc., and R&S Fence Co. These businesses provide quality services and products to the locals of McDonald and surrounding areas.
McDonald has an unemployment rate of 6.4%. The US average is 6.0%.
McDonald has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for McDonald
- The Sales Tax Rate for McDonald is 6.8%. The US average is 7.3%.
- The Income Tax Rate for McDonald 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 McDonald
- The average income of a McDonald resident is $31,448 a year. The US average is $37,638 a year.
- The Median household income of a McDonald resident is $65,441 a year. The US average is $69,021 a year.