Rosewood, OH Economy


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Rosewood, OH is a small town with a population of 4,000 people. Known for its laid-back atmosphere and friendly residents, Rosewood is an ideal place to settle down. The cost of living in Rosewood is quite affordable; two bedroom rent is $880 per month whereas it's $1,430 on average throughout the US. Grocery costs are similarly lower than the national average; the Grocery Cost Index in Rosewood is 94 compared to 100 in the US. Local businesses that make up Rosewood include ABC Floral Design, Josephine's Bakery & Deli, and Monroe Hardware Store. All of these establishments carry competitive prices that allow local residents to enjoy a comfortable life without breaking the bank.

Rosewood has an unemployment rate of 3.8%. The US average is 6.0%.

Rosewood has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Rosewood
- The Sales Tax Rate for Rosewood is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Rosewood 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 Rosewood
- The average income of a Rosewood resident is $19,584 a year. The US average is $28,555 a year.
- The Median household income of a Rosewood resident is $96,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRosewood, OhioUnited States
  3.86
  -4.3%-6.2%
  25.1%33.5%
  7.3%6.2%
  3.5%4.6%
  $28,466$37,638
  $96,250$69,021
Family Median Income 85028
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