New Washington, OH is a small town with much to offer. It has a variety of local businesses, including pubs, restaurants, stores, and services. The cost of living in New Washington is lower than the US average. The average 2 bedroom rent in New Washington is $800 compared to the national average of $1,430. Groceries are also cheaper here; the grocery cost index in New Washington is 95 versus 100 in the US. This makes it an ideal place for people who want to stretch their dollars and enjoy life at a lower cost.
New Washington has an unemployment rate of 5.0%. The US average is 6.0%.
New Washington has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 16.6%, which is lower than the US average of 33.5%.
Tax Rates for New Washington
- The Sales Tax Rate for New Washington is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Washington is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Washington
- The average income of a New Washington resident is $21,919 a year. The US average is $28,555 a year.
- The Median household income of a New Washington resident is $57,083 a year. The US average is $69,021 a year.