Dennison, OH Economy


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Dennison, OH is a small town located in northern Ohio. It is home to several local businesses such as The Joseph A. Bank Clothiers, Walmart Supercenter, and Speedway. 2 bedroom rent in Dennison is significantly lower than the US average of $1,430 at just $810. Additionally, the Grocery Cost Index in Dennison is 94 versus 100 in the US. As a result, locals have access to low-cost necessities while living comfortably in peaceful small town atmosphere.

Dennison has an unemployment rate of 4.5%. The US average is 6.0%.

Dennison has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Dennison
- The Sales Tax Rate for Dennison is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Dennison is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Dennison
- The average income of a Dennison resident is $22,255 a year. The US average is $37,638 a year.
- The Median household income of a Dennison resident is $51,384 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDennison, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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