Elmore, OH (43416) is a small town located in northwest Ohio. It has a population of around 4,300, according to the 2018 census. The cost of living in Elmore is quite low compared to the US, with the 2 bedroom rent averaging $830 vs. $1,430 nationally. Groceries are also significantly less expensive at 93 on the cost index compared to 100 nationally.
There are multiple local businesses in Elmore that provide services to its citizens such as Anderson Realty & Management, Advanced Automotive & Marine Services Inc., and Blooming Grove Veterinary Clinic LLC. In addition to these small businesses, there are also larger companies like Findlay Plastic Technologies and Accuride Corporation that offer employment opportunities for locals. All these businesses combined make Elmore an affordable place to live with a great community atmosphere.
Elmore (zip 43416) has an unemployment rate of 6.3%. The US average is 6.0%.
Elmore (zip 43416) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Elmore (zip 43416)
- The Sales Tax Rate for Elmore (zip 43416) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elmore (zip 43416) is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Elmore (zip 43416)
- The average income of a Elmore (zip 43416) resident is $34,603 a year. The US average is $37,638 a year.
- The Median household income of a Elmore (zip 43416) resident is $75,261 a year. The US average is $69,021 a year.