Rutland, OH Economy


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United States / Ohio / No Metro Area / Meigs County / Rutland / Zip Codes
Rutland, OH is a town located in North-Central Ohio. It is a small community with a population of just under 2,000 people, making it an ideal location for those looking for a peaceful and quiet place to live. The cost of living in Rutland is much lower than the average in the US, with rent for two bedroom apartments averaging just $780 per month. Grocery prices are also significantly lower than other cities around the country; the grocery cost index in Rutland is 97 versus 100 in the US.
The town is home to several businesses such as MHS Solutions and EMS Technologies that provide employment opportunities to locals. Other popular local services include Rutland Garage and Rutland Pharmacy & Health Care Center. There are also several restaurants offering traditional American fare as well as some seafood options at great value; for example, one can get a tasty plate of fried fish for only $8.95! In short, the combination of low living costs and quality businesses make Rutland an excellent place to live or visit.

Rutland has an unemployment rate of 5.7%. The US average is 6.0%.

Rutland has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 18.0%, which is lower than the US average of 33.5%.

Tax Rates for Rutland
- The Sales Tax Rate for Rutland is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Rutland 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 Rutland
- The average income of a Rutland resident is $16,502 a year. The US average is $28,555 a year.
- The Median household income of a Rutland resident is $63,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRutland, OhioUnited States
  5.76
  -3.9%-6.2%
  18.0%33.5%
  7.3%6.2%
  3.5%4.6%
  $18,641$37,638
  $63,125$69,021
  $73,708$85,028
  Population by Occupation
  1.3%1.2%
  0.0%0.5%
  3.4%6.8%
  2.8%10.0%
  0.0%2.5%
  26.3%11.0%
  2.5%4.8%
  2.2%0.8%
  0.6%1.9%
  1.9%4.7%
  0.0%1.9%
  2.2%7.6%
  0.0%0.1%
  11.6%4.2%
  2.8%9.3%
  24.1%14.0%
  1.3%2.1%
  3.1%7.0%
  8.5%4.8%
  5.3%4.7%
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