Thornville, OH is a small city located in central Ohio. It is known for its affordable rent prices, with the average 2-bedroom costing only $990 compared to the US average of $1,430. This makes it an attractive option for families and individuals looking to save money on housing costs. The Grocery Cost Index is also very low in Thornville, with a rating of 99 versus the national mark of 100.
The same affordability that draws people to live in Thornville can be found in the local businesses as well. Many companies have taken advantage of this by setting up shop here, including All Seasons Heating & Cooling, Wolfe Building Maintenance, and Little Farm Market & Catering. All three offer great services at competitive prices and are immensely popular among locals and visitors alike.
Thornville has an unemployment rate of 5.5%. The US average is 6.0%.
Thornville 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 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Thornville
- The Sales Tax Rate for Thornville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Thornville 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 Thornville
- The average income of a Thornville resident is $23,728 a year. The US average is $28,555 a year.
- The Median household income of a Thornville resident is $89,732 a year. The US average is $69,021 a year.