Rome (Stout), OH Economy


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United States / Ohio / No Metro Area / Adams County / Rome (Stout) / Zip Codes
Rome, OH is a small city located in the Appalachian foothills of Ohio. It has a population of approximately 10,000 people and is known for its affordable rent prices and low cost of living. In Rome, a two bedroom apartment typically costs $790 a month whereas the national average in the US is $1,430. Additionally, Rome’s grocery cost index is 96 compared to the US average of 100 which makes it more economical for residents. Local employers include Gorman-Rupp Company, The Dow Chemical Company and Romac Industries Inc. These companies offer local employment to residents which helps maintain the economy.

Rome (Stout) has an unemployment rate of 6.0%. The US average is 6.0%.

Rome (Stout) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Rome (Stout)
- The Sales Tax Rate for Rome (Stout) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Rome (Stout) 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 Rome (Stout)
- The average income of a Rome (Stout) resident is $12,721 a year. The US average is $37,638 a year.
- The Median household income of a Rome (Stout) resident is $20,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRome (Stout), OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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