Smithville, OH is a small town with a population of about 11,000 people. It is known for its low cost of living. The median two bedroom rent in Smithville is $870 which is much lower than the US average of $1,430. Smithville also has an index score of 97 for grocery costs versus the US average of 100. This indicates that groceries tend to be cheaper than most other parts of the US. \nLocal businesses located in Smithville include S&S Cafeteria, Wildwood Golf Course, Kountry Kupboard Restaurant & Bakery and Preston Hardware & Plumbing Supply. All these businesses offer great customer service and reasonably priced goods and services. Overall, living in Smithville offers many benefits including a low cost of living, access to local businesses and amenities that provide quality services at competitive prices.
Smithville has an unemployment rate of 3.4%. The US average is 6.0%.
Smithville 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 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Smithville
- The Sales Tax Rate for Smithville is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Smithville is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Smithville
- The average income of a Smithville resident is $23,848 a year. The US average is $28,555 a year.
- The Median household income of a Smithville resident is $64,954 a year. The US average is $69,021 a year.