Canton, OH with zip code 44718 is a great place to live with a relatively low cost of living. The 2 bedroom rent in Canton is $910 compared to the US average of $1,430, making it an affordable option for many. Additionally, the grocery cost index is 102 versus 100 in the US. This indicates that groceries may be slightly more expensive than the national average. Popular local companies that are located in Canton include TimkenSteel Corporation, Diebold Nixdorf Inc., Aultman Hospital and G&J Pepsi-Cola Bottlers Inc. All in all, Canton offers a safe and comfortable community with reasonable prices on housing and goods.
Canton (zip 44718) has an unemployment rate of 5.4%. The US average is 6.0%.
Canton (zip 44718) 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 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Canton (zip 44718)
- The Sales Tax Rate for Canton (zip 44718) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 44718) 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 Canton (zip 44718)
- The average income of a Canton (zip 44718) resident is $48,079 a year. The US average is $28,555 a year.
- The Median household income of a Canton (zip 44718) resident is $75,300 a year. The US average is $69,021 a year.