Avon, OH Economy


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Avon, OH is a great city for anyone looking for a safe and comfortable place to live. The rental market in Avon is quite reasonable with two bedroom units costing around $1,430 a month. Grocery costs are slightly higher than the rest of the US, with an index of 104 versus 100 in the US. Locals have access to plenty of amenities including plenty of stores and restaurants throughout the city. There are plenty of great companies based in Avon such as General Motors, Hyland Software and Invacare. Besides these larger companies, there are many small businesses that make up the local economy. Educational opportunities in Avon include local public schools as well as nearby institutions like Lorain County Community College and Case Western Reserve University in Cleveland. Some popular landmarks include Pinecrest Golf Course and French Creek Reservation which offer great recreational activities for everyone to enjoy.

Avon has an unemployment rate of 4.2%. The US average is 6.0%.

Avon has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.

Tax Rates for Avon
- The Sales Tax Rate for Avon is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Avon is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Avon
- The average income of a Avon resident is $41,040 a year. The US average is $28,555 a year.
- The Median household income of a Avon resident is $113,741 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvon, OhioUnited States
  4.26
  -10.0%-6.2%
  24.7%33.5%
  6.8%6.2%
  5.1%4.6%
  $49,877$37,638
  $113,741$69,021
  $134,868$85,028
  Population by Occupation
  0.1%1.2%
  0.2%0.5%
  3.7%6.8%
  13.4%10.0%
  4.4%2.5%
  9.2%11.0%
  3.9%4.8%
  0.5%0.8%
  1.1%1.9%
  6.5%4.7%
  1.6%1.9%
  11.8%7.6%
  0.0%0.1%
  3.0%4.2%
  11.7%9.3%
  13.2%14.0%
  2.6%2.1%
  5.0%7.0%
  2.3%4.8%
  5.8%4.7%
Reviews for Avon
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Over 16 years ago

Avon is moving from relatively rural to sub-urban. The growth, or migration to our city from Cleveland and Lorain is fast moving and the retail community is thriving.   More

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The weather as one might expect is a important factor no matter where you reside. Avon, situated several miles from Lake Erie misses the early snow falls usually because  More

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