Plymouth, OH is a great place to live with its affordable rental prices. The average rent for a 2 bedroom unit is $920, which is 35% less than the US average of $1430. Additionally, grocery costs in Plymouth are 5% lower than the US average. This makes Plymouth an attractive location for budget conscious individuals. The city has bustling businesses such as Kettering Health Network, Ohio Logistics, and Timber Ridge Construction that provide employment opportunities to residents. Other local companies include K&K Steel Erectors Inc., AXA Insurance Group, and Warnecke Rental & Supply Company Inc. These organizations employ many people from the area and contribute to the growth of Plymouth’s economy.
Plymouth has an unemployment rate of 5.0%. The US average is 6.0%.
Plymouth has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.8%, which is lower than the US average of 33.5%.
Tax Rates for Plymouth
- The Sales Tax Rate for Plymouth is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Plymouth is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Plymouth
- The average income of a Plymouth resident is $21,931 a year. The US average is $28,555 a year.
- The Median household income of a Plymouth resident is $54,135 a year. The US average is $69,021 a year.