West Elkton, OH is a small town located in Preble county. It is known for its affordable cost of living and all the amenities it has to offer. The average rent for a two-bedroom home is $770, which is significantly less than the national average of $1,430. The grocery cost index in West Elkton is also lower than the US at 93 versus 100. Living here offers residents a variety of job opportunities due to well-known companies like Milacron and Procter & Gamble. In addition, there are plenty of things to do within the town with several parks, trails and attractions nearby.
West Elkton has an unemployment rate of 3.7%. The US average is 6.0%.
West Elkton has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for West Elkton
- The Sales Tax Rate for West Elkton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for West Elkton is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for West Elkton
- The average income of a West Elkton resident is $20,286 a year. The US average is $28,555 a year.
- The Median household income of a West Elkton resident is $33,750 a year. The US average is $69,021 a year.