Loveland Park, OH Economy


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Loveland Park, OH, is a small town with plenty of charm. The 2 bedroom rent in the area is just slightly higher than the US average of $1,430 at $1,440. The cost of groceries also outpaces the national average with a Grocery Cost Index of 103 compared to 100 in the US. Loveland Park is home to several businesses such as Main Street Pizza, College Corner Cafe, and Hall Fitness Center. In addition to these local stores, residents can also enjoy parks like Loveland Park or Leonard's Greenway Trail for outdoor recreation. For entertainment, there are several movie theaters within easy driving distance from Loveland Park. Overall, this charming town offers many amenities and conveniences that make it a desirable place to live.

Loveland Park has an unemployment rate of 3.8%. The US average is 6.0%.

Loveland Park has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.

Tax Rates for Loveland Park
- The Sales Tax Rate for Loveland Park is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Loveland Park 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 Loveland Park
- The average income of a Loveland Park resident is $27,540 a year. The US average is $28,555 a year.
- The Median household income of a Loveland Park resident is $153,472 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoveland Park, OhioUnited States
  3.86
  -4.7%-6.2%
  32.9%33.5%
  7.0%6.2%
  3.5%4.6%
  $67,236$37,638
  $153,472$69,021
  $172,831$85,028
  Population by Occupation
  0.0%1.2%
  1.9%0.5%
  2.9%6.8%
  24.8%10.0%
  3.6%2.5%
  5.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  14.2%4.7%
  2.2%1.9%
  18.2%7.6%
  0.0%0.1%
  0.0%4.2%
  7.3%9.3%
  16.2%14.0%
  0.0%2.1%
  0.0%7.0%
  2.0%4.8%
  1.8%4.7%
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