Waterville, OH is a charming small town situated in Northwest Ohio. It's home to some of the region's most beloved companies, including Wauseon Machine Company and Waterville Tool & Design. The area offers plenty of activities, such as nearby parks and recreation centers for outdoor fun. Renting a two bedroom apartment here is also quite affordable, with an average rate of $1,220 compared to the rest of the US at $1,430. Additionally, groceries are more affordable than other parts of the country with a cost index of 97 versus 100 in the US. Waterville is an ideal place for those looking for a peaceful community atmosphere combined with affordability and convenience.
Waterville has an unemployment rate of 6.0%. The US average is 6.0%.
Waterville has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Waterville
- The Sales Tax Rate for Waterville is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Waterville 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 Waterville
- The average income of a Waterville resident is $43,334 a year. The US average is $37,638 a year.
- The Median household income of a Waterville resident is $79,857 a year. The US average is $69,021 a year.