Groesbeck, OH is a small rural town located in the southwest corner of Ohio. This area is known for its close-knit community and affordability. Rent for a 2 bedroom apartment in Groesbeck is $1,180 which is lower than the national average of $1,430. In addition to being affordable, Groesbeck also has an overall low cost of living index of 97 compared to the US average of 100.
Local companies in Groesbeck include Eli's Market, a grocery store that offers fresh produce; Agape Carpet Cleaning & Restoration Services; and Krull Aerospace Technologies, a manufacturing company that specializes in component fabrication and machining. There are also plenty of amenities available including local parks, hiking trails, and recreational areas.
Groesbeck has an unemployment rate of 4.4%. The US average is 6.0%.
Groesbeck has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Groesbeck
- The Sales Tax Rate for Groesbeck is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Groesbeck 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 Groesbeck
- The average income of a Groesbeck resident is $24,586 a year. The US average is $28,555 a year.
- The Median household income of a Groesbeck resident is $63,193 a year. The US average is $69,021 a year.