Louisville, OH is a city located in Stark County. It is known for its outdoor activities and beautiful parks, including Dogwood Park and the Louisville State Fish Hatchery. With a variety of shops and restaurants as well as many local businesses such as Crystal Springs Graphics, A&J Electric LLC, and Firehouse BBQ & Brews, there are plenty of attractions to explore in Louisville. The cost of living in Louisville is very affordable compared to other cities with 2 bedroom rental prices hovering around $860 per month compared to the US average of $1,430. The Grocery Cost Index in Louisville is also lower than the US average with 97 versus 100. This makes it an ideal place for those looking for a quiet town with plenty to offer while not breaking the bank.
Louisville has an unemployment rate of 5.4%. The US average is 6.0%.
Louisville has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Louisville
- The Sales Tax Rate for Louisville is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Louisville is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Louisville
- The average income of a Louisville resident is $31,769 a year. The US average is $37,638 a year.
- The Median household income of a Louisville resident is $60,986 a year. The US average is $69,021 a year.