Holmes County, OH Economy


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United States / Ohio / No Metro Area / Holmes County / Cities / Zip Codes
Holmes, OH County is a great place to live for those wanting to save on expenses. With a two bedroom rent of $790 and a grocery cost index of 98 compared to the US average of 100, it’s clear that Holmes County is an affordable place to live. Its lower costs make Holmes County attractive to residents of all ages and incomes, with local companies such as Panhandle Oil & Gas Company, Amish Country Peddler Flea Market, and Dutch Valley Restaurant offering competitive pricing while providing quality services in the area. With its low cost of living and excellent local businesses, Holmes County is an ideal location for those seeking an affordable yet enjoyable lifestyle.

Holmes County has an unemployment rate of 2.4%. The US average is 6.0%.

Holmes County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Holmes County
- The Sales Tax Rate for Holmes County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Holmes County 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 Holmes County
- The average income of a Holmes County resident is $17,716 a year. The US average is $28,555 a year.
- The Median household income of a Holmes County resident is $69,454 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolmes, OhioUnited States
  2.46
  -0.7%-6.2%
  25.8%33.5%
  7.0%6.2%
  3.5%4.6%
  $26,999$37,638
  $69,454$69,021
  $82,090$85,028
  Population by Occupation
  4.7%1.2%
  0.3%0.5%
  13.2%6.8%
  30.1%10.0%
  2.8%2.5%
  11.8%11.0%
  4.6%4.8%
  0.6%0.8%
  0.2%1.9%
  1.9%4.7%
  2.0%1.9%
  2.1%7.6%
  0.0%0.1%
  1.3%4.2%
  6.2%9.3%
  7.1%14.0%
  0.3%2.1%
  4.7%7.0%
  4.0%4.8%
  2.2%4.7%
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