Monroeville, OH is a small city located in North West Ohio. It offers a peaceful environment and affordable living for both families and individuals alike. The two bedroom rent in Monroeville is significantly lower than the US average, at $790 compared to $1430; making it an attractive option for those looking to move to an area with a lower cost of living. Furthermore, the Grocery Cost Index in Monroeville is 96 compared to 100 in the US; meaning groceries are 4% cheaper than other areas of the country.
Local companies include Nipco Supply Company, which specializes in injection and blow molding parts; Newcomer Funeral Home & Cremation Services, providing funeral homes services to families for over 130 years; ATCO Industries Inc., offering fabrication services for industrial components; Topline Electric LLC, providing electrical contracting services since 1996; and Wurster Construction Co., specializing in general construction and custom homes.
Overall, Monroeville provides a great quality of life at an affordable cost. With lower rent prices and grocery costs compared to the national average, people can save money while still enjoying all that Monroeville has to offer.
Monroeville has an unemployment rate of 6.1%. The US average is 6.0%.
Monroeville has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Monroeville
- The Sales Tax Rate for Monroeville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Monroeville is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Monroeville
- The average income of a Monroeville resident is $22,564 a year. The US average is $28,555 a year.
- The Median household income of a Monroeville resident is $60,664 a year. The US average is $69,021 a year.