Friendship, OH Economy


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Friendship, OH is an attractive community with affordable housing and groceries. According to recent statistics, the two bedroom rent in Friendship is $690 per month, which is significantly less than the US average of $1,430 per month. The grocery cost index in Friendship is 95, versus 100 for the US as a whole. This indicates that groceries are relatively cheaper compared to other places in America. Residents of Friendship enjoy access to multiple local businesses such as Friendly's Restaurant and Grocery Store, McDonough's Fuel & Feed, and Quality Pest Control. The prices charged by these businesses tend to be lower than the national average as well. All of this makes Friendship a great place to live for people who want quality of life at an affordable price.

Friendship has an unemployment rate of 5.5%. The US average is 6.0%.

Friendship has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Friendship
- The Sales Tax Rate for Friendship is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Friendship 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 Friendship
- The average income of a Friendship resident is $21,240 a year. The US average is $28,555 a year.
- The Median household income of a Friendship resident is $38,511 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFriendship, OhioUnited States
  5.56
  -1.6%-6.2%
  20.1%33.5%
  7.3%6.2%
  3.5%4.6%
  $18,437$37,638
  $38,511$69,021
Family Median Income 85028
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