Youngstown, Ohio is a great city to live in due to its affordability. The rent for a two bedroom apartment in Youngstown is $830, which is significantly lower than the US average of $1,430. Not only that, but groceries here are also cheaper with a grocery cost index of 91 compared to 100 in the US. People living in Youngstown get to enjoy the convenience of big city living without having to pay as much. The city is home to many popular companies such as Covelli Enterprises, GM Lordstown Complex, and Vallourec Star. Residents of Youngstown enjoy plenty of parks and attractions like Mill Creek MetroParks, Covelli Centre Arena, and Butler Institute of American Art.
Youngstown has an unemployment rate of 7.9%. The US average is 6.0%.
Youngstown has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 12.5%, which is lower than the US average of 33.5%.
Tax Rates for Youngstown
- The Sales Tax Rate for Youngstown is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Youngstown is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Youngstown
- The average income of a Youngstown resident is $14,742 a year. The US average is $28,555 a year.
- The Median household income of a Youngstown resident is $31,020 a year. The US average is $69,021 a year.