Waldo, OH is an affordable town located in the northern part of Ohio. It has a population of about 2,100 inhabitants and offers a peaceful atmosphere for those looking to live outside the hustle and bustle of larger cities. The cost of living is significantly lower than the US average, with two bedroom rents averaging $1,040 versus the US average of $1,430. Grocery costs are also slightly lower in Waldo with an index of 97 compared to 100 in the US. This makes Waldo a great option for those who want value for money when it comes to housing and groceries. There are also many local companies and resources available such as Granny's Country Store offering fresh produce daily and Ace Hardware providing tools and materials for all home projects. With its low cost of living combined with its rural charm, Waldo is an excellent choice for those looking to save money while still enjoying small-town life.
Waldo has an unemployment rate of 4.3%. The US average is 6.0%.
Waldo has seen the job market decrease by -4.8% 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 Waldo
- The Sales Tax Rate for Waldo is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Waldo 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 Waldo
- The average income of a Waldo resident is $31,286 a year. The US average is $37,638 a year.
- The Median household income of a Waldo resident is $65,313 a year. The US average is $69,021 a year.