Zip 45402 (Dayton, OH) Economy


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United States / Ohio / No Metro Area / Montgomery County / Dayton / Dayton (zip 45402)
Dayton, OH is a great place to live with a cost of living that is much lower than the national average. The two bedroom rent in Dayton, OH is $1,000 compared to the US average of $1,430. Grocery costs are also lower in Dayton; the Grocery Cost Index in Dayton is 93 compared to 100 in the US. With such an affordable cost of living, it's no wonder why many people choose to call Dayton their home. Some local companies based out of Dayton include Wright-Patterson Air Force Base, Reynolds and Reynolds Co., Premier Health Partners, Kettering Medical Center Network, and The Standard Register Company. In addition to these larger corporations, there are also dozens of small businesses and startups contributing positively to the city's economy each day.

Dayton (zip 45402) has an unemployment rate of 6.8%. The US average is 6.0%.

Dayton (zip 45402) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.

Tax Rates for Dayton (zip 45402)
- The Sales Tax Rate for Dayton (zip 45402) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Dayton (zip 45402) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Dayton (zip 45402)
- The average income of a Dayton (zip 45402) resident is $15,304 a year. The US average is $28,555 a year.
- The Median household income of a Dayton (zip 45402) resident is $37,566 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDayton, OhioUnited States
  6.86
  -4.4%-6.2%
  27.6%33.5%
  7.5%6.2%
  5.7%4.6%
  $27,237$37,638
  $37,566$69,021
  $48,036$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  2.9%6.8%
  10.3%10.0%
  1.1%2.5%
  9.3%11.0%
  3.0%4.8%
  1.3%0.8%
  3.2%1.9%
  5.4%4.7%
  3.8%1.9%
  5.7%7.6%
  0.0%0.1%
  3.2%4.2%
  10.9%9.3%
  20.4%14.0%
  1.6%2.1%
  3.9%7.0%
  3.2%4.8%
  10.4%4.7%
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