New Bloomington, OH is a great place to live and work. Rent for two bedrooms is substantially lower than the US average at only $930 compared to $1,430. Grocery costs are also lower with the local index standing at 94 versus 100 in the US. This makes New Bloomington a great value for anyone looking to move to the area. The city is home to several major companies such as Nationwide Insurance, Battelle Memorial Institute, and Cardinal Health among others. These local businesses provide a variety of career opportunities all while making New Bloomington an even more attractive place to live and work.
New Bloomington has an unemployment rate of 4.3%. The US average is 6.0%.
New Bloomington has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for New Bloomington
- The Sales Tax Rate for New Bloomington is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Bloomington is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Bloomington
- The average income of a New Bloomington resident is $13,530 a year. The US average is $28,555 a year.
- The Median household income of a New Bloomington resident is $19,583 a year. The US average is $69,021 a year.