Five Points, OH is a small town located near the city of Columbus. It is a great place to live with its beautiful landscapes and charming atmosphere. It is home to many well-known businesses such as Walmart, Dollar General, Publix Super Markets and Lowe’s Home Improvement. The cost of living in Five Points is very reasonable with an average 2 bedroom rent of $1,550 compared to US average rent of $1,430. Grocery costs index in Five Points is also higher than the US average at 103 versus 100 respectively. All this makes Five Points a great place for anyone looking for an affordable lifestyle while still having access to all the necessary amenities.
Five Points has an unemployment rate of 3.8%. The US average is 6.0%.
Five Points has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Five Points
- The Sales Tax Rate for Five Points is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Five Points 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 Five Points
- The average income of a Five Points resident is $57,539 a year. The US average is $37,638 a year.
- The Median household income of a Five Points resident is $129,737 a year. The US average is $69,021 a year.