Polk, OH is a small community located in the state of Ohio. It is known for its low cost of living, as demonstrated by the fact that 2 bedroom rent in Polk is almost half the national average. The grocery cost index is also lower than the national average, providing residents with another economical advantage. Polk has some notable businesses like Uhl Trucking Inc., which offers trucking services and deliveries throughout North America since 1947; and A-1 Auto Repair & Tire Center, a trusted provider of automotive repair services for more than 40 years. There are also several local stores that offer goods and supplies to Polk’s residents such as Clarke's Country Store and Primetime Outdoors.
Polk has an unemployment rate of 4.0%. The US average is 6.0%.
Polk has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 24.8%, which is lower than the US average of 33.5%.
Tax Rates for Polk
- The Sales Tax Rate for Polk is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Polk is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Polk
- The average income of a Polk resident is $20,241 a year. The US average is $28,555 a year.
- The Median household income of a Polk resident is $56,591 a year. The US average is $69,021 a year.