Wadsworth, OH offers a great quality of life at an affordable cost. At an average 2 bedroom rent price of $1,030, Wadsworth is well below the US average of $1,430. The city also boasts a Grocery Cost Index of 100, matching that of the rest of the United States. With a vibrant downtown area and plenty of community events, Wadsworth has something for everyone. Local companies include Wadsworth Electric, Schaeffer Construction Co., and A&R Logistics. Outdoor recreation abounds with highlights like Rittman Orchard and Bunker Hill Golf Course. There are also plenty of shops and restaurants to explore in the city center as well as nearby parks and trails.
Wadsworth has an unemployment rate of 3.3%. The US average is 6.0%.
Wadsworth has seen the job market decrease by -10.0% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Wadsworth
- The Sales Tax Rate for Wadsworth is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wadsworth is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wadsworth
- The average income of a Wadsworth resident is $38,016 a year. The US average is $37,638 a year.
- The Median household income of a Wadsworth resident is $68,183 a year. The US average is $69,021 a year.