Paulding, OH is a small city located in northwest Ohio and is known for its low cost of living. 2 bedroom rent in Paulding is an affordable $810 compared to the US average of $1,430. Grocery costs are even lower with the index being 90 versus 100 in the US. This makes it easy to get goods at a more economical rate. The city has several local businesses that keep its economy going such as The Paulding Putnam Electric Cooperative, Quality Iron & Metal Inc., and D&S Manufacturing Co., Inc. Overall, Paulding is a great place to live with its low cost of living and many local companies providing jobs and services for residents.
Paulding has an unemployment rate of 3.8%. The US average is 6.0%.
Paulding has seen the job market decrease by -0.3% 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 Paulding
- The Sales Tax Rate for Paulding is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Paulding is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Paulding
- The average income of a Paulding resident is $19,971 a year. The US average is $28,555 a year.
- The Median household income of a Paulding resident is $46,170 a year. The US average is $69,021 a year.