Laurelville, OH Economy


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Laurelville is a small town located in Ohio. It is known for its close-knit community and beautiful scenery. It is a great place to live with affordable rent and low grocery costs compared to the rest of the US. The average two bedroom rent cost in Laurelville is $830 compared to $1,430 in the US. Similarly, grocery costs are 96 on the index versus 100 across the US.
Local companies include Hometown Hardware Store, B & B Market, Pizza Palace, and Smith's Automotive Repair. There are also a number of local farmers markets and small businesses that make up the community.

Laurelville has an unemployment rate of 4.6%. The US average is 6.0%.

Laurelville has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Laurelville
- The Sales Tax Rate for Laurelville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Laurelville 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 Laurelville
- The average income of a Laurelville resident is $22,964 a year. The US average is $37,638 a year.
- The Median household income of a Laurelville resident is $33,365 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaurelville, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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