Canton, OH is an exciting city located in Stark County that offers a wide variety of amenities and affordable living. The average 2 bedroom rent in Canton is $820, which is significantly lower than the US average of $1,430. Grocery Cost Index for Canton also falls well below the national average at 89 compared to 100 respectively. For this reason, individuals looking to save money on their cost of living may find Canton a great place to call home.
The Canton area has plenty of job opportunities with companies such as Diebold Nixdorf, Aultman Hospital, TimkenSteel Corporation and Akron Children's Hospital located in the city. There are also numerous places for shopping such as Belden Village Mall and Westfield Belden Village. In addition to that, there are many restaurants offering an array of cuisines including Mexican and Chinese foods. With all these great amenities available, it’s no wonder why so many people choose to move to or stay in Canton!
Canton (zip 44702) has an unemployment rate of 6.5%. The US average is 6.0%.
Canton (zip 44702) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Canton (zip 44702)
- The Sales Tax Rate for Canton (zip 44702) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 44702) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Canton (zip 44702)
- The average income of a Canton (zip 44702) resident is $13,886 a year. The US average is $37,638 a year.
- The Median household income of a Canton (zip 44702) resident is $11,747 a year. The US average is $69,021 a year.