Fremont, OH Metro Area is a great place to live for those who are looking to save money and have plenty of amenities nearby. The average 2 bedroom rent in the area is $800 compared to the US average of $1,430, making it an attractive option for budget conscious renters. In addition, local grocery costs are 91 on the index versus 100 in the US meaning there are significant savings when shopping locally. There are plenty of local businesses to choose from including restaurants, banks and retail stores like Meijer and Walmart. Fremont is also home to many manufacturing companies like Whirlpool Corporation and Therma-Tru Doors as well as educational institutions such as Terra State Community College.
Fremont Metro Area has an unemployment rate of 4.7%. The US average is 6.0%.
Fremont Metro Area has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Fremont Metro Area
- The Sales Tax Rate for Fremont Metro Area is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fremont Metro Area is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fremont Metro Area
- The average income of a Fremont Metro Area resident is $29,904 a year. The US average is $37,638 a year.
- The Median household income of a Fremont Metro Area resident is $56,414 a year. The US average is $69,021 a year.