Ashtabula Metro Area, OH Economy


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United States / Ohio / Ashtabula Metro Area / Counties / Cities / Zip Codes
Ashtabula, OH Metro Area is a great area to live in. Not only do they have a low cost of living, with 2 bedroom rents being $790 compared to the US average of $1,430, but they also have many local businesses that provide residents with goods and services. Grocery Costs Index in Ashtabula are also lower than in other states at 96 versus 100 in the US. Some local companies include AEP Ohio, Walmart, and Danbury Senior Living. All these companies offer great value for money due to the low cost of living in Ashtabula. For these reasons alone, it's easy to see why so many people choose to live here and take advantage of all the great amenities it has to offer.

Ashtabula Metro Area has an unemployment rate of 5.1%. The US average is 6.0%.

Ashtabula Metro Area has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Ashtabula Metro Area
- The Sales Tax Rate for Ashtabula Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Ashtabula Metro Area is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Ashtabula Metro Area
- The average income of a Ashtabula Metro Area resident is $20,284 a year. The US average is $28,555 a year.
- The Median household income of a Ashtabula Metro Area resident is $49,680 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshtabula, OhioUnited States
  5.16
  -5.7%-6.2%
  22.7%33.5%
  6.8%6.2%
  3.5%4.6%
  $26,777$37,638
  $49,680$69,021
  $62,752$85,028
  Population by Occupation
  1.5%1.2%
  0.2%0.5%
  7.1%6.8%
  25.1%10.0%
  1.7%2.5%
  10.6%11.0%
  4.0%4.8%
  1.0%0.8%
  1.6%1.9%
  2.6%4.7%
  0.9%1.9%
  2.3%7.6%
  0.1%0.1%
  3.2%4.2%
  5.4%9.3%
  14.8%14.0%
  1.3%2.1%
  8.1%7.0%
  4.9%4.8%
  3.7%4.7%
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