Fostoria, OH is a small city located in Ohio with a number of quality businesses and services located in the community. Companies such as Valero Energy, Sunoco, and Anthem Blue Cross are just a few of the names that call Fostoria home. The area is also known for its affordability when it comes to rent prices. Two bedroom apartments can be rented for as little as $840 per month, which is considerably lower than the national average of $1,430 per month. Additionally, grocery costs in Fostoria are much lower than most places around the country due to an index score of 89 compared to 100 nationally. This makes living in Fostoria an attractive option for many seeking affordability along with quality local businesses.
Fostoria has an unemployment rate of 4.4%. The US average is 6.0%.
Fostoria has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Fostoria
- The Sales Tax Rate for Fostoria is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fostoria 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 Fostoria
- The average income of a Fostoria resident is $17,600 a year. The US average is $28,555 a year.
- The Median household income of a Fostoria resident is $44,170 a year. The US average is $69,021 a year.