Tipp City, OH is a thriving city located in the Midwest region of the United States. Rent for a two-bedroom apartment in Tipp City is significantly lower than the US average at $960 compared to $1,430. Additionally, groceries are also much more affordable with an index of 100 in comparison to the US average. The cost of living makes Tipp City an attractive place for families and young professionals. The area includes multiple large companies such as Frigidaire, Bosch, and Premier Health Partners that provide many job opportunities. Other local businesses include Pie Five Pizza Co., Elizabeth's Bakery & Cafe, and Global Gallery Outlet which make up the vibrant atmosphere of downtown Tipp City.
Tipp City has an unemployment rate of 4.0%. The US average is 6.0%.
Tipp City has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Tipp City
- The Sales Tax Rate for Tipp City is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tipp City is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Tipp City
- The average income of a Tipp City resident is $43,325 a year. The US average is $37,638 a year.
- The Median household income of a Tipp City resident is $68,943 a year. The US average is $69,021 a year.