Oberlin, OH is a great city with many attractions for people looking to move. The city is known for its unique culture and has an abundance of local businesses and shops. Oberlin College is also located here, making it attractive to recent graduates or students. With rent for two-bedroom apartments costing an affordable $1,020 compared to the US average of $1,430, living in Oberlin can be an economical option. Grocery costs are also lower than the national index at 98 points versus 100 points in the US. The city has many small businesses that residents can support such as Tappan Square Deli & Donut Shop, Black River Outfitters LLC , and Ashtabula Printing Company Inc. With all these amenities and a lower cost of living than other cities in Ohio, Oberlin is an ideal place to live.
Oberlin has an unemployment rate of 4.2%. The US average is 6.0%.
Oberlin has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Oberlin
- The Sales Tax Rate for Oberlin is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Oberlin is 5.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oberlin
- The average income of a Oberlin resident is $20,259 a year. The US average is $28,555 a year.
- The Median household income of a Oberlin resident is $62,696 a year. The US average is $69,021 a year.