Newburgh Heights, OH Economy


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Newburgh Heights, OH is a great place to live. It is considered a low cost of living area compared to other parts of the US. The median two-bedroom rent in Newburgh Heights, OH is $820 which is significantly lower than the US median rent of $1,430. Additionally, grocery costs are significantly lower in Newburgh Heights with an index score of 92 versus 100 for the US. This makes it more affordable for residents to live in this area. \nIn terms of local companies, some popular businesses include Metro PCS, City Grill & Barbeque, and PNC Bank. These businesses offer jobs and services to residents that make living in Newburgh Heights much more convenient. \nOverall, Newburgh Heights is a great place to live and work due its low cost of living when compared to other parts of the US.

Newburgh Heights has an unemployment rate of 5.5%. The US average is 6.0%.

Newburgh Heights has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Newburgh Heights
- The Sales Tax Rate for Newburgh Heights is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Newburgh Heights is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newburgh Heights
- The average income of a Newburgh Heights resident is $19,445 a year. The US average is $28,555 a year.
- The Median household income of a Newburgh Heights resident is $43,611 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewburgh Heights, OhioUnited States
  5.56
  -10.1%-6.2%
  23.4%33.5%
  8.0%6.2%
  5.5%4.6%
  $30,265$37,638
  $43,611$69,021
  $42,396$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  6.8%6.8%
  29.4%10.0%
  5.1%2.5%
  7.5%11.0%
  5.0%4.8%
  0.0%0.8%
  0.4%1.9%
  3.5%4.7%
  0.4%1.9%
  5.9%7.6%
  0.0%0.1%
  0.8%4.2%
  0.9%9.3%
  3.7%14.0%
  0.0%2.1%
  7.0%7.0%
  18.6%4.8%
  5.0%4.7%
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