Sterling, OH Economy


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Sterling, Ohio is a small town located in Northeast Ohio. It has a population of under 2,000 people and offers a quiet atmosphere with plenty of outdoor recreational activities. The rent for two-bedroom apartments is much lower than the national average at $860 compared to $1,430. Additionally, the cost of groceries is also lower in Sterling than the national average. The Grocery Cost Index is 98 versus 100 in the US.
Sterling is home to several local businesses such as Sterling Brew Works, K&R Custom Woodworking, and S & D Tire Center. Sterling Brew Works offers locally crafted beer and hosts regular events throughout the year. K&R Custom Woodwork creates custom furniture pieces that add rustic charm to any room. S & D Tire Center provides full service automotive repair to locals and residents alike. These three businesses contribute to the unique character of this small town in Ohio.

Sterling has an unemployment rate of 3.4%. The US average is 6.0%.

Sterling 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 Sterling
- The Sales Tax Rate for Sterling is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sterling 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 Sterling
- The average income of a Sterling resident is $23,206 a year. The US average is $28,555 a year.
- The Median household income of a Sterling resident is $65,511 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySterling, OhioUnited States
  3.46
  -5.6%-6.2%
  30.8%33.5%
  6.5%6.2%
  3.5%4.6%
  $50,877$37,638
  $65,511$69,021
  $67,589$85,028
  Population by Occupation
  8.8%1.2%
  0.0%0.5%
  13.0%6.8%
  19.3%10.0%
  2.5%2.5%
  13.9%11.0%
  4.2%4.8%
  0.0%0.8%
  2.1%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  5.9%9.3%
  14.7%14.0%
  0.0%2.1%
  2.1%7.0%
  2.9%4.8%
  10.5%4.7%
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