Phillipsburg, Ohio is a small town located in Miami County. It's known for its quiet and friendly community. Phillipsburg offers plenty of activities and attractions to keep visitors entertained. Popular local companies include Denlinger & Sons Farm Market, Wilkin's Auto Repair, and C&T Construction LLC. Other attractions in the area include Carriage Hill MetroPark, John Bryan State Park, and the Miami Valley Railroad Museum. The cost of living in Phillipsburg is lower than average when compared to the US as a whole with a two bedroom rent at $1,140 versus $1,430 nationally and the grocery cost index at 95 versus 100 across the US.
Phillipsburg has an unemployment rate of 5.5%. The US average is 6.0%.
Phillipsburg has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Phillipsburg
- The Sales Tax Rate for Phillipsburg is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Phillipsburg 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 Phillipsburg
- The average income of a Phillipsburg resident is $24,203 a year. The US average is $37,638 a year.
- The Median household income of a Phillipsburg resident is $54,643 a year. The US average is $69,021 a year.