Rayland, Ohio is an affordable place to live with average 2 bedroom rental rates of $820 per month versus the national average of $1,430. Additionally, the cost of groceries in Rayland is 97 which is 3 points lower than the US index. Some local companies in Rayland include Home Depot, YMCA and Ritway Steel. Rayland is a great place to live for those on a budget looking for both affordability and convenience.
Rayland has an unemployment rate of 5.9%. The US average is 6.0%.
Rayland has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Rayland
- The Sales Tax Rate for Rayland is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Rayland 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 Rayland
- The average income of a Rayland resident is $22,752 a year. The US average is $37,638 a year.
- The Median household income of a Rayland resident is $47,026 a year. The US average is $69,021 a year.