Geneva, OH is a quiet town located near Lake Erie in Ohio. It is known for its vibrant culture and diverse economy. The population size of Geneva is not included but the rent for two-bedroom apartments is significantly lower than the US average at $800 versus $1,430. This makes Geneva a great spot for people looking to save money on rent while still having access to all the amenities they need. There are many local companies based in Geneva such as Seneca County Industrial Park, Eldredge Steel & Supply Co., and Signature Packaging Solutions that offer plenty of job opportunities to its residents. Furthermore, the grocery cost index in Geneva is 96 which suggests that groceries here are slightly more affordable than the average in the US (100). All things considered, Geneva has a relatively low cost of living making it an attractive place to live for those looking to stretch their budget further.
Geneva has an unemployment rate of 5.1%. The US average is 6.0%.
Geneva has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Geneva
- The Sales Tax Rate for Geneva is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Geneva is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Geneva
- The average income of a Geneva resident is $19,918 a year. The US average is $28,555 a year.
- The Median household income of a Geneva resident is $43,345 a year. The US average is $69,021 a year.