Yankee Lake, OH is a rural town located in northeast Ohio that offers the benefits of a small community. The average two bedroom rent is $830 which is substantially lower than the US average of $1,430. The grocery cost index for the town is 96 versus 100 in the US, indicating that groceries are relatively affordable. Popular local companies in Yankee Lake include Bob's Hardware and Wilbur's Bar & Grill. Bob's Hardware offers a variety of hardware items for home projects and repairs. Wilbur's Bar & Grill provides customers with delicious food and drinks as well as weekly live music events.
Yankee Lake has an unemployment rate of 6.4%. The US average is 6.0%.
Yankee Lake has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.
Tax Rates for Yankee Lake
- The Sales Tax Rate for Yankee Lake is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Yankee Lake 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 Yankee Lake
- The average income of a Yankee Lake resident is $24,845 a year. The US average is $28,555 a year.
- The Median household income of a Yankee Lake resident is $45,000 a year. The US average is $69,021 a year.