Arcanum, OH is a small village located in Darke County. It is known for its rural charm and friendly people. There are many local companies in Arcanum, such as Bob's Auto Repair, The Country Store, and Arcanum Cafe. The cost of living is relatively low in Arcanum compared to the rest of the nation - 2 bedroom rent costs $800 compared to the US average of $1,430. Additionally, grocery costs are also very affordable with an index score of 97 compared to the US average of 100. All in all, Arcanum is a great place to live if you're looking for affordability without sacrificing amenities or quality of life.
Arcanum has an unemployment rate of 3.7%. The US average is 6.0%.
Arcanum has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Arcanum
- The Sales Tax Rate for Arcanum is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Arcanum is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Arcanum
- The average income of a Arcanum resident is $26,106 a year. The US average is $37,638 a year.
- The Median household income of a Arcanum resident is $48,625 a year. The US average is $69,021 a year.