Sinking Spring, OH is a small town situated in the beautiful countryside of Ohio. It has a relatively low cost of living compared to the rest of the US, with 2 bedroom rent averaging $790 and a grocery cost index around 94. The town also has plenty of local businesses that add to its charm. These include art galleries like Imagine Art Gallery, restaurants like Poolels Restaurant and Pub and retail stores like Country Corners Antiques & Collectibles. There are also several services offered in the area such as Ace Electric Repair and Hilltop Tree Service. All these businesses contribute to Sinking Spring's vibrant local spirit and create an enjoyable place to live for those who call this town their home.
Sinking Spring has an unemployment rate of 5.0%. The US average is 6.0%.
Sinking Spring has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Sinking Spring
- The Sales Tax Rate for Sinking Spring is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Sinking Spring 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 Sinking Spring
- The average income of a Sinking Spring resident is $28,376 a year. The US average is $28,555 a year.
- The Median household income of a Sinking Spring resident is $93,056 a year. The US average is $69,021 a year.