Canfield, OH is a city located in Mahoning County known for its great quality of life. The rent for two bedroom apartments is $800 which is much lower than the average US rate of $1,430. The Grocery Cost Index in Canfield is also 100 which is equal to the US index. This makes Canfield a great place to live affordably near some great local attractions and businesses. Some top companies based in Canfield include Eastern Gas & Oil Co., White Wizzard Music Group, Inc., and Modular Design Solutions. Attractions like historical Victorian homes, Mill Creek Park Zoo, and the Lanterman's Mill are popular among locals and visitors alike. The school district consists of several elementary schools as well as East High School and West High School.
Canfield has an unemployment rate of 6.6%. The US average is 6.0%.
Canfield 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 14.0%, which is lower than the US average of 33.5%.
Tax Rates for Canfield
- The Sales Tax Rate for Canfield is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Canfield is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Canfield
- The average income of a Canfield resident is $40,020 a year. The US average is $28,555 a year.
- The Median household income of a Canfield resident is $94,257 a year. The US average is $69,021 a year.