Van Wert, OH Metro Area is a great place to live with an affordable cost of living compared to the US. The average two bedroom rent in Van Wert is $790 which is significantly lower than the national average of $1,430. Grocery costs are also relatively low in Van Wert, with an index of 90 versus the US average of 100. This makes it one of the more affordable places to live without sacrificing quality.
Van Wert is home to a variety of local companies including Advanced Professional Services Inc., On-Site Solutions, Wyman and Sons Furniture, and Van Wert Marble & Granite Inc. There is something for everyone here in this metropolitan area whether you are looking for employment or leisure activities. With its affordability and diverse businesses, Van Wert offers a great place for families and individuals to call home while also being able to save money on everyday expenses.
Van Wert Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.
Van Wert 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 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Van Wert Metro Area
- The Sales Tax Rate for Van Wert Metro Area is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Van Wert Metro Area is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Van Wert Metro Area
- The average income of a Van Wert Metro Area resident is $29,119 a year. The US average is $37,638 a year.
- The Median household income of a Van Wert Metro Area resident is $59,210 a year. The US average is $69,021 a year.