Lowellville, OH Economy


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Lowellville, OH is a small town in Ohio known for its tight-knit community and attractive living cost. The 2 Bedroom rent is significantly lower than the national average of $1,430 per month at just $790. This makes the town appealing for young families and singles alike. Additionally, the grocery cost index in Lowellville is 95 versus 100 in the US which offers additional savings to residents.
Lowellville has a variety of local companies such as J & T Tool & Die Co., Pittsburgh Glass Works LLC, and General Motors Bedford Casting Operations. Residents can enjoy various attractions such as Canoeing on the Mahoning River, hiking along scenic nature trails and picnicking at Loweville Park. Those looking for a good bite to eat will find an array of options such as Joe’s Taverna Pizzeria, Lorenzo’s Italian Restaurant & Bar, and Hometown Grill & Dairy Bar.

Lowellville has an unemployment rate of 6.6%. The US average is 6.0%.

Lowellville has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 14.0%, which is lower than the US average of 33.5%.

Tax Rates for Lowellville
- The Sales Tax Rate for Lowellville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Lowellville is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lowellville
- The average income of a Lowellville resident is $17,253 a year. The US average is $28,555 a year.
- The Median household income of a Lowellville resident is $52,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLowellville, OhioUnited States
  6.66
  -7.0%-6.2%
  14.0%33.5%
  7.3%6.2%
  5.2%4.6%
  $27,651$37,638
  $52,679$69,021
  $58,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.6%6.8%
  17.1%10.0%
  0.0%2.5%
  6.5%11.0%
  6.0%4.8%
  0.0%0.8%
  1.7%1.9%
  3.1%4.7%
  1.2%1.9%
  4.6%7.6%
  0.0%0.1%
  4.4%4.2%
  10.6%9.3%
  21.2%14.0%
  0.7%2.1%
  10.6%7.0%
  2.9%4.8%
  0.0%4.7%
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