Knox, OH County is located in Central Ohio and is home to a host of major industry employers like Marathon Petroleum, Whirlpool Corporation and Honda Motor Company. It also boasts numerous small businesses and family owned stores that offer goods and services to the community. The cost of living is quite affordable compared to the US average; 2 bedroom rent averages $860 versus the US average of $1,430 while grocery cost index is 97 versus 100 in the US. All in all, Knox offers a great quality of life with its diverse economy, friendly people, and plenty of job opportunities.
Knox County has an unemployment rate of 3.7%. The US average is 6.0%.
Knox County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Knox County
- The Sales Tax Rate for Knox County is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Knox County is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Knox County
- The average income of a Knox County resident is $23,926 a year. The US average is $28,555 a year.
- The Median household income of a Knox County resident is $64,439 a year. The US average is $69,021 a year.