Syracuse, OH is a quaint city located in Central Ohio. It has a population of roughly 5,000 people, making it a great place to raise a family or settle into retirement. The cost of living is very affordable, with 2 bedroom rent at only $800 per month. This price point is much lower than the US average of $1,430. Even grocery costs are lower here, with an index of 97 compared to the national average of 100.
Those who decide to settle down in Syracuse will benefit from its family friendly atmosphere and local amenities. There are plenty of restaurants and stores around town such as Uptown Pizza and JoJo’s Bargain Basement. Additionally, for those looking to get outside and enjoy nature there are parks like Schneider Park which feature scenic walking paths and other outdoor activities for all ages. Finally, the city hosts an annual summer festival as well as weekly outdoor concerts where locals can come together and enjoy different genres of music.
Syracuse has an unemployment rate of 5.7%. The US average is 6.0%.
Syracuse 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 Syracuse
- The Sales Tax Rate for Syracuse is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Syracuse 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 Syracuse
- The average income of a Syracuse resident is $20,094 a year. The US average is $28,555 a year.
- The Median household income of a Syracuse resident is $56,389 a year. The US average is $69,021 a year.