Fairfield Beach, OH Economy


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Fairfield Beach, OH is a small town located in the southern part of Ohio. It is known for its picturesque beach with stunning views of Lake Erie and a vibrant nightlife. It has plenty to offer its residents with great restaurants, local shops, and convenient public transportation options. The median rent for a two bedroom apartment in Fairfield Beach is $990 per month, which is much lower than the national average of $1,430. On top of this, groceries are relatively cheaper compared to other cities in the US with an index of 99 compared to 100 for the US. There are many local businesses located in Fairfield Beach such as Beachwood Market which offers fresh produce and groceries and Great Lakes Brewing Company which serves craft beer. The median salary for workers here is about $45,000 per year.

Fairfield Beach has an unemployment rate of 4.6%. The US average is 6.0%.

Fairfield Beach 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 32.5%, which is lower than the US average of 33.5%.

Tax Rates for Fairfield Beach
- The Sales Tax Rate for Fairfield Beach is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fairfield Beach 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 Fairfield Beach
- The average income of a Fairfield Beach resident is $21,704 a year. The US average is $28,555 a year.
- The Median household income of a Fairfield Beach resident is $45,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairfield Beach, OhioUnited States
  4.66
  -3.4%-6.2%
  32.5%33.5%
  6.8%6.2%
  3.5%4.6%
  $32,695$37,638
  $45,625$69,021
  $61,944$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  13.7%6.8%
  13.7%10.0%
  4.1%2.5%
  13.5%11.0%
  7.0%4.8%
  3.2%0.8%
  0.0%1.9%
  1.8%4.7%
  1.3%1.9%
  2.7%7.6%
  0.0%0.1%
  18.0%4.2%
  0.9%9.3%
  9.7%14.0%
  1.6%2.1%
  4.5%7.0%
  0.9%4.8%
  3.2%4.7%
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