New Boston, OH is a small town in the Appalachian region of Ohio. It is known for its rich history, friendly people, and affordable living costs. The rental market in New Boston is quite competitive, with two bedroom apartments going for an average of $730 per month. This is significantly lower than the national average of $1,430 per month for similar units. The cost of groceries in New Boston is also below the national average, making it an attractive destination for budget-minded individuals or families. Some local businesses that have helped to contribute to this affordable cost of living include State Farm Insurance, Walmart Supercenter, and Marathon Gas Station. With all these benefits combined, New Boston has become a great place to live or work without having to break the bank.
New Boston has an unemployment rate of 5.5%. The US average is 6.0%.
New Boston has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for New Boston
- The Sales Tax Rate for New Boston is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Boston is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Boston
- The average income of a New Boston resident is $13,787 a year. The US average is $28,555 a year.
- The Median household income of a New Boston resident is $30,000 a year. The US average is $69,021 a year.