West Milton, OH is a small town located in the Greater Dayton area. It has a population of just over 5,000 people and is renowned for its small-town charm. The cost of living is quite low compared to the national average which makes it an attractive option for those looking for an affordable place to live in Ohio. Renting a two-bedroom apartment in West Milton would only set you back $840 per month while rent on a two-bedroom apartment in the US averages at around $1,430. The grocery cost index of West Milton is 96 versus 100 nationally. The local economy primarily consists of manufacturing and food services with major employers such as Red Wing Shoes, Koch Foods and Fresh Mark Inc. providing most employment opportunities.
West Milton has an unemployment rate of 4.0%. The US average is 6.0%.
West Milton has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for West Milton
- The Sales Tax Rate for West Milton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for West Milton 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 West Milton
- The average income of a West Milton resident is $26,427 a year. The US average is $37,638 a year.
- The Median household income of a West Milton resident is $49,621 a year. The US average is $69,021 a year.