Elyria, OH is a great place to live! It boasts a competitive rent rate of $900 for two bedrooms, which is significantly lower than the US average of $1,430. Furthermore, Elyria's grocery cost index is 95 versus the national average of 100. This makes it more affordable to purchase goods and services within the city. In terms of businesses and local attractions, Elyria has plenty to offer. Some of its most popular companies include The Spitzer Automotive Group, Oberlin College & Conservatory and the Speedway Gas Station - located in the Midway Shopping Center. Additionally, there are several parks and outdoor activities such as Carter Park or Huntington Reservation – perfect places to relax and take in some fresh air!
Elyria has an unemployment rate of 4.3%. The US average is 6.0%.
Elyria has seen the job market decrease by -10.0% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Elyria
- The Sales Tax Rate for Elyria is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Elyria is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elyria
- The average income of a Elyria resident is $27,366 a year. The US average is $37,638 a year.
- The Median household income of a Elyria resident is $46,034 a year. The US average is $69,021 a year.