Ludlow Falls, OH is a small town with a population of approximately 800 people. It is known for its scenic views, welcoming atmosphere and low cost of living. The median rent for a two bedroom apartment is around $980 per month, which is significantly lower than the US median of $1,430. Additionally, the grocery cost index in Ludlow Falls is 98 compared to 100 nationally.
Residents of Ludlow Falls are able to take advantage of the many amenities that this small town has to offer. The local businesses provide wonderful services such as Meerdink's Market which offers groceries and household goods at truly affordable prices; Ludlow Falls Hardware Store which provides handyman services; and the Ludlow Falls Library which provides an array of books and other media for all ages.
Ludlow Falls has an unemployment rate of 4.0%. The US average is 6.0%.
Ludlow Falls has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Ludlow Falls
- The Sales Tax Rate for Ludlow Falls is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ludlow Falls 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 Ludlow Falls
- The average income of a Ludlow Falls resident is $17,230 a year. The US average is $28,555 a year.
- The Median household income of a Ludlow Falls resident is $63,000 a year. The US average is $69,021 a year.