43342 Prospect, OH is a small village located in Morrow County. The cost of living is slightly lower than the US average, which makes it an attractive place to live for many families. The rent for 2 bedroom apartments in 43342 Prospect is $1,080 compared to the US average of $1,430. Additionally, the Grocery Cost Index in 43342 Prospect is 96 versus 100 in the US. \nThere are plenty of local businesses throughout 43342 Prospect that contribute to its thriving economy. Some of these include Morrow Co-Op Grain Corp., Morrow Lake Livestock Sales Inc., and R & R Sod Farm. All three companies provide jobs and services that are essential to the community. In conclusion, 43342 Prospect provides a great environment for families with a low cost of living and plentiful local businesses.
Prospect (zip 43342) has an unemployment rate of 4.3%. The US average is 6.0%.
Prospect (zip 43342) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Prospect (zip 43342)
- The Sales Tax Rate for Prospect (zip 43342) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Prospect (zip 43342) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Prospect (zip 43342)
- The average income of a Prospect (zip 43342) resident is $27,272 a year. The US average is $28,555 a year.
- The Median household income of a Prospect (zip 43342) resident is $77,750 a year. The US average is $69,021 a year.