Gibsonburg, OH is a vibrant small town located in North West Ohio. The cost of living is lower than the US average, with 2 bedroom rent being $890 compared to $1,430 for the US as a whole. Additionally, groceries are cheaper than the national average at 91 versus 100 on the Grocery Cost Index. The town has many local businesses that contribute to its thriving economy such as Gibsonburg-Woodville Dental Care, Sandy's Dance Studio and Gibsonburg Auto Parts. One fun fact about Gibsonburg, OH is that it was the first village in Sandusky County to have electricity!
Gibsonburg has an unemployment rate of 4.7%. The US average is 6.0%.
Gibsonburg has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Gibsonburg
- The Sales Tax Rate for Gibsonburg is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Gibsonburg is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Gibsonburg
- The average income of a Gibsonburg resident is $25,737 a year. The US average is $37,638 a year.
- The Median household income of a Gibsonburg resident is $55,455 a year. The US average is $69,021 a year.