Westerville, OH is a great city to live in due to its low cost of living and abundance of local companies. The average 2 bedroom rent in Westerville is $1,450, which is slightly cheaper than the US average of $1,430. Additionally, the grocery cost index in Westerville is 102 compared to 100 in the US. Some popular local companies that are headquartered in Westerville include Abercrombie & Fitch, American Electric Power Company and Cardinal Health. All in all, Westerville is an appealing place to live for those looking for affordability and convenience.
Westerville has an unemployment rate of 4.7%. The US average is 6.0%.
Westerville has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Tax Rates for Westerville
- The Sales Tax Rate for Westerville is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Westerville is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Westerville
- The average income of a Westerville resident is $43,642 a year. The US average is $37,638 a year.
- The Median household income of a Westerville resident is $96,279 a year. The US average is $69,021 a year.