Hamden, OH is a charming small town located in Ohio. It provides an affordable cost of living with 2 Bedroom Rent averages at $710 per month, which is much lower than the US average of $1,430. The Grocery Cost Index in Hamden is 97 versus 100 in the US, making it even more economical for inhabitants. Hamden also has several local businesses such as Hamilton's Bakery, Lee's Auto Body & Repair Shop and Jones Grocery Store which have been around for generations and continue to serve the community today. In comparison to larger cities across the US, Hamden provides a unique small-town charm not found elsewhere while also providing a lower cost of living than many other cities.
Hamden has an unemployment rate of 5.8%. The US average is 6.0%.
Hamden 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 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Hamden
- The Sales Tax Rate for Hamden is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Hamden 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 Hamden
- The average income of a Hamden resident is $15,662 a year. The US average is $28,555 a year.
- The Median household income of a Hamden resident is $42,446 a year. The US average is $69,021 a year.