Fairborn, OH is an attractive city in Ohio for those looking for a moderately priced place to live. The average two bedroom rent is $1,020, which is $410 lower than the US average rent of $1,430. Furthermore, local grocery costs have a grocery cost index of 95 based on 100 as the national average. This indicates that groceries are offered at a lower price in Fairborn compared to the rest of the country. \nThe city also offers many businesses and employment opportunities such as Wright-Patterson Air Force Base and Wilberforce University. In addition, City Barbeque, Kohl’s Department Store and Paradise Lanes Bowling Alley are all major employers in Fairborn. The low rental rates coupled with great companies make Fairborn an ideal place to live for those seeking a more affordable lifestyle without sacrificing quality of life.
Fairborn has an unemployment rate of 4.8%. The US average is 6.0%.
Fairborn has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Fairborn
- The Sales Tax Rate for Fairborn is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fairborn is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairborn
- The average income of a Fairborn resident is $23,450 a year. The US average is $28,555 a year.
- The Median household income of a Fairborn resident is $54,076 a year. The US average is $69,021 a year.