Canton, OH (zip code 44706) is a vibrant and diverse city with an array of amenities. The average two-bedroom rent is very affordable at $890, while the US average is significantly higher at $1,430. Additionally, the Grocery Cost Index in Canton is 95 versus 100 in the US, making it an economical place to live. This makes it especially attractive for those on a budget or looking to stretch their dollar further.
The city itself offers many attractions and activities that make living in Canton enjoyable. Several major companies have chosen to set up shop here, such as TimkenSteel, Diebold Nixdorf and Aultman Hospital. There are also a number of smaller businesses like The Brownstone Cafe & Bakery, Seven Grains Natural Market and The Isaly Company that offer unique products and services to local residents.
Canton (zip 44706) has an unemployment rate of 6.5%. The US average is 6.0%.
Canton (zip 44706) has seen the job market increase by 0.1% 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 44706)
- The Sales Tax Rate for Canton (zip 44706) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 44706) 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 44706)
- The average income of a Canton (zip 44706) resident is $19,830 a year. The US average is $28,555 a year.
- The Median household income of a Canton (zip 44706) resident is $51,752 a year. The US average is $69,021 a year.