Lore City, OH Economy


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Lore City, OH is an affordable place to live with a two bedroom rent averaging $830. It offers a variety of local companies and amenities that make it an attractive destination for all types of people. Its grocery cost index is 95 as compared to a national index of 100. This makes Lore City an ideal location for those looking for savings on everyday items. Some of the local businesses include Lore Groceries, The Lore Cafe, and Lore Auto Repair. With its affordability and wide range of services, Lore City provides a great quality of life for its residents.

Lore City has an unemployment rate of 5.3%. The US average is 6.0%.

Lore City has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 18.7%, which is lower than the US average of 33.5%.

Tax Rates for Lore City
- The Sales Tax Rate for Lore City is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lore City 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 Lore City
- The average income of a Lore City resident is $21,382 a year. The US average is $28,555 a year.
- The Median household income of a Lore City resident is $50,179 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLore City, OhioUnited States
  5.36
  -5.5%-6.2%
  18.7%33.5%
  7.3%6.2%
  3.5%4.6%
  $20,799$37,638
  $50,179$69,021
  $52,143$85,028
  Population by Occupation
  0.0%1.2%
  12.4%0.5%
  7.2%6.8%
  4.6%10.0%
  13.1%2.5%
  9.8%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  1.3%1.9%
  2.6%7.6%
  0.0%0.1%
  0.7%4.2%
  0.7%9.3%
  3.9%14.0%
  0.0%2.1%
  23.5%7.0%
  3.3%4.8%
  11.8%4.7%
Health
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