Castalia, OH is a small city located in Erie county with a population of just under 500 people. It is conveniently located near the Lake Erie shoreline within close proximity to many major cities like Cleveland and Toledo. The cost of living in Castalia is markedly lower than the US average with a two bedroom rent averaging $930 compared to the US average of $1,430. Additionally, the grocery cost index for Castalia stands at 97 compared to 100 for the US. Local companies that have been established in Castalia include C&D Technologies, Inc., LC Tool & Die Inc., and New Ashland Industries LLC. With its low cost of living and number of local companies, Castalia provides an attractive opportunity for those looking to make a life in this area.
Castalia has an unemployment rate of 6.1%. The US average is 6.0%.
Castalia has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Castalia
- The Sales Tax Rate for Castalia is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Castalia is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Castalia
- The average income of a Castalia resident is $26,028 a year. The US average is $28,555 a year.
- The Median household income of a Castalia resident is $44,120 a year. The US average is $69,021 a year.