Niles, OH Economy


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Niles, OH is a small city located in the northeast of the state. It has a population of over 23,000 people and offers many amenities for its citizens. For example, two bedroom rent in Niles is much cheaper than the US average at $790 compared to $1,430. Additionally, groceries are also much more affordable with a grocery cost index of 93 versus 100 in the US.
The city also has some great local companies such as Niles Automotive Supply Company which supplies auto parts and accessories to local shops. There is also The Glass Guru which specializes in glass repair and replacement as well as window tinting. Finally, there is Donley’s BBQ which serves up delicious southern-style barbecue all year round.
Overall, Niles offers an affordable cost of living for its residents while still providing plenty of options for entertainment and dining out. With its low two bedroom rent prices and affordable groceries, it's no wonder why many people choose to live here!

Niles has an unemployment rate of 6.4%. The US average is 6.0%.

Niles has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.

Tax Rates for Niles
- The Sales Tax Rate for Niles is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Niles is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Niles
- The average income of a Niles resident is $21,001 a year. The US average is $28,555 a year.
- The Median household income of a Niles resident is $45,590 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNiles, OhioUnited States
  6.46
  -7.0%-6.2%
  13.2%33.5%
  6.8%6.2%
  5.0%4.6%
  $27,600$37,638
  $45,590$69,021
  $63,399$85,028
  Population by Occupation
  0.0%1.2%
  0.4%0.5%
  4.8%6.8%
  13.7%10.0%
  2.3%2.5%
  11.0%11.0%
  2.7%4.8%
  0.7%0.8%
  4.4%1.9%
  3.3%4.7%
  3.0%1.9%
  2.2%7.6%
  0.1%0.1%
  4.0%4.2%
  7.2%9.3%
  17.3%14.0%
  1.5%2.1%
  10.0%7.0%
  5.8%4.8%
  5.6%4.7%
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