Fairborn, OH is a city in Greene County with a population of 45,324. It is ideally located between two major cities, Cincinnati and Dayton; making it an ideal place for those wanting the convenience of both urban and suburban living. The average two bedroom rent in Fairborn is $1,000 compared to the US average of $1,430; making it a more affordable option for those looking for housing. The Grocery Cost Index in Fairborn is 95 compared to the US average of 100 which makes food costs more reasonable than many other areas. Local businesses are also flourishing as there are multiple grocery stores and retailers such as Meijer, Kroger, Walmart, Kohl’s, Target and Home Depot for residents to shop at. Additionally, there are plenty of restaurants from fast-food to fine dining to enjoy.
Fairborn (zip 45324) has an unemployment rate of 4.3%. The US average is 6.0%.
Fairborn (zip 45324) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Fairborn (zip 45324)
- The Sales Tax Rate for Fairborn (zip 45324) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fairborn (zip 45324) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fairborn (zip 45324)
- The average income of a Fairborn (zip 45324) resident is $23,445 a year. The US average is $28,555 a year.
- The Median household income of a Fairborn (zip 45324) resident is $55,779 a year. The US average is $69,021 a year.