Wooster, OH Metro Area is known for its affordability. Rent for a two bedroom apartment is approximately $860 compared to the US average of $1,430. Additionally, Wooster's Grocery Cost Index is just 98 versus 100 in the US. This makes Wooster an ideal home for those wanting to save money without sacrificing amenities. There are many local companies in Wooster such as Wooster Lumber Company, South Street Automotive and Belmont Dairy Queen that provide residents with additional services and shopping opportunities.
Wooster Metro Area has an unemployment rate of 3.4%. The US average is 6.0%.
Wooster Metro Area has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for Wooster Metro Area
- The Sales Tax Rate for Wooster Metro Area is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Wooster Metro Area is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wooster Metro Area
- The average income of a Wooster Metro Area resident is $30,362 a year. The US average is $37,638 a year.
- The Median household income of a Wooster Metro Area resident is $64,594 a year. The US average is $69,021 a year.