Wood County, OH Economy


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United States / Ohio / Toledo / Wood County / Cities / Zip Codes
Wood, OH County is a great place to live and work. It has a lower cost of living than the national average with an average 2 bedroom rent costing $910 compared to $1,430 in the US. The grocery cost index is also relatively low at 93 compared to the US index of 100. Local companies in Wood, OH County include Wood Manufacturing, Dave's Auto Body, Scott Sales & Service, Mowery's Carpet Cleaning, and JKL Property Management. All these businesses provide good job opportunities and contribute to the economy of Wood County.

Wood County has an unemployment rate of 4.2%. The US average is 6.0%.

Wood County has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Wood County
- The Sales Tax Rate for Wood County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wood County is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wood County
- The average income of a Wood County resident is $27,210 a year. The US average is $28,555 a year.
- The Median household income of a Wood County resident is $66,337 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWood, OhioUnited States
  4.26
  -6.7%-6.2%
  26.3%33.5%
  6.8%6.2%
  4.4%4.6%
  $36,047$37,638
  $66,337$69,021
  $88,058$85,028
  Population by Occupation
  0.6%1.2%
  0.1%0.5%
  5.5%6.8%
  18.9%10.0%
  2.5%2.5%
  10.9%11.0%
  4.3%4.8%
  0.8%0.8%
  1.3%1.9%
  3.2%4.7%
  1.7%1.9%
  4.6%7.6%
  0.2%0.1%
  2.8%4.2%
  13.4%9.3%
  13.3%14.0%
  2.2%2.1%
  7.4%7.0%
  3.3%4.8%
  2.8%4.7%
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