Lake Lakengren, OH is an ideal location for renters looking for affordability. With a 2 bedroom rent of $830 compared to the US average of $1,430 it is a steal. The grocery cost index in Lake Lakengren, OH is also considered to be quite low at 96 compared to the national average of 100. Local businesses in this area include Olde West Pharmacy and Preble Lanes Bowling Alley. There are also a few local restaurants such as Franks Restaurant and Corkscrews Bar & Grill that can provide residents with great food options.
Lake Lakengren has an unemployment rate of 3.7%. The US average is 6.0%.
Lake Lakengren has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Lake Lakengren
- The Sales Tax Rate for Lake Lakengren is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lake Lakengren 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 Lake Lakengren
- The average income of a Lake Lakengren resident is $25,308 a year. The US average is $28,555 a year.
- The Median household income of a Lake Lakengren resident is $77,310 a year. The US average is $69,021 a year.