Galion, OH Economy


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Galion, OH is a vibrant town located in North Central Ohio. It is home to several notable businesses such as Galion Iron Works and Galion Milling Company. The city is fairly affordable with 2 bedroom rent averaging $880 per month and a grocery cost index of 94 compared to 100 in the US. Its residents enjoy a peaceful atmosphere where family-oriented activities are abundant. There are plenty of outdoor recreational areas for people to explore and get active in. With its friendly neighbors and small-town charm, Galion is truly a delightful place to live.

Galion has an unemployment rate of 5.0%. The US average is 6.0%.

Galion has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.

Tax Rates for Galion
- The Sales Tax Rate for Galion is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Galion is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Galion
- The average income of a Galion resident is $17,877 a year. The US average is $28,555 a year.
- The Median household income of a Galion resident is $39,923 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGalion, OhioUnited States
  56
  -3.1%-6.2%
  16.6%33.5%
  7.3%6.2%
  5.2%4.6%
  $22,730$37,638
  $39,923$69,021
  $54,431$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  4.4%6.8%
  26.6%10.0%
  2.5%2.5%
  10.8%11.0%
  2.3%4.8%
  0.4%0.8%
  1.3%1.9%
  5.5%4.7%
  0.6%1.9%
  3.0%7.6%
  0.0%0.1%
  7.3%4.2%
  5.1%9.3%
  14.3%14.0%
  0.9%2.1%
  6.8%7.0%
  4.4%4.8%
  3.5%4.7%
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