Centerburg, OH Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Centerburg, OH is a small town nestled in the heart of Ohio. It is known for its friendly people and affordable housing. The average 2 bedroom rent in Centerburg is $870, almost half the amount of the US average of $1,430. Additionally, the Grocery Cost Index is 101 compared to 100 in the US. This cost savings makes living in Centerburg a great alternative to larger and more expensive cities nearby. In terms of local companies and attractions, Centerburg has a variety of options to choose from. Popular businesses such as Smith's Hardware Store, Jerry's Diner and Fisher's Auto Repair provide excellent customer service and their products are reasonably priced. For those looking for entertainment, The Bloomfield Theater provides a family-friendly atmosphere with regular showings of classic movies along with concerts and other live events. With its affordable housing options and multitude of businesses and attractions, Centerburg has something for everyone!

Centerburg has an unemployment rate of 3.7%. The US average is 6.0%.

Centerburg has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Centerburg
- The Sales Tax Rate for Centerburg is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Centerburg 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 Centerburg
- The average income of a Centerburg resident is $20,243 a year. The US average is $28,555 a year.
- The Median household income of a Centerburg resident is $58,707 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCenterburg, OhioUnited States
  3.76
  -3.8%-6.2%
  23.3%33.5%
  7.3%6.2%
  4.5%4.6%
  $26,110$37,638
  $58,707$69,021
  $66,250$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.1%6.8%
  9.9%10.0%
  4.1%2.5%
  13.2%11.0%
  3.0%4.8%
  3.3%0.8%
  1.8%1.9%
  3.1%4.7%
  0.0%1.9%
  3.0%7.6%
  0.0%0.1%
  8.0%4.2%
  11.0%9.3%
  6.7%14.0%
  1.8%2.1%
  12.8%7.0%
  7.1%4.8%
  3.8%4.7%
Health
Compare Centerburg, OH
cost of living
Compare food, housing, utilities, and more in Centerburg, Ohio to any other city in the US.