Oakwood (Paulding Cnty), OH is a great place to live for those looking for affordability and convenience. With a 2 bedroom rent of $820, compared to the US average of $1,430, Oakwood offers great savings for renters. Additionally, the Grocery Cost Index in Oakwood is 90 versus 100 in the US indicating that groceries are also more affordable. Local companies include Paulding Putnam Electric Cooperative, Reineke Family Dealerships, Van Wert Federal Savings Bank and Paulding County Medical Center. The community offers multiple parks with playing fields, playgrounds and trails and there are plenty of recreational activities available for people of all ages. Plus with its close proximity to larger cities such as Toledo and Fort Wayne, residents have access to shopping malls, entertainment venues and airports. All these advantages make Oakwood an ideal place to call home.
Oakwood (Paulding County) has an unemployment rate of 3.8%. The US average is 6.0%.
Oakwood (Paulding County) 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 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Oakwood (Paulding County)
- The Sales Tax Rate for Oakwood (Paulding County) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Oakwood (Paulding County) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oakwood (Paulding County)
- The average income of a Oakwood (Paulding County) resident is $21,717 a year. The US average is $37,638 a year.
- The Median household income of a Oakwood (Paulding County) resident is $42,639 a year. The US average is $69,021 a year.