Tallmadge, OH is a small city known for its low cost of living. The average two bedroom rent is $1,000 which is significantly lower than the US average of $1,430. Additionally, Tallmadge has a grocery cost index of 99 compared to 100 in the US. \nThere are several companies located in Tallmadge including Advanced Machine & Engineering Co., Buehler’s Fresh Foods, and Dunkin Donuts. Advanced Machine & Engineering Co specializes in motion control and automation solutions while Buehler's Fresh Foods provides quality food products from local farms. Lastly, Dunkin Donuts is a coffee shop chain that offers hot and iced drinks as well as delicious pastries and sandwiches. All three businesses provide great services to their customers and contribute to the local economy in Tallmadge.
Tallmadge has an unemployment rate of 5.7%. The US average is 6.0%.
Tallmadge has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Tallmadge
- The Sales Tax Rate for Tallmadge is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tallmadge is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tallmadge
- The average income of a Tallmadge resident is $27,736 a year. The US average is $28,555 a year.
- The Median household income of a Tallmadge resident is $79,233 a year. The US average is $69,021 a year.