Zip 44417 (Farmdale, OH) Economy


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Farmdale, OH is a small town located in Stark County with a population of 44417. It is known for its affordable housing and living costs. The average rent for a two bedroom apartment in Farmdale is $780, significantly lower than the national average of $1,430. Grocery cost index in Farmdale is also lower than the national average as it sits at 96 versus 100 respectively.
The town has many local businesses that offer quality goods or services to locals and visitors alike. The Gym 24/7 fitness center provides workout classes and state-of-the-art equipment to its members, while El Jimador Mexican restaurant offers delicious Mexican cuisine that can be enjoyed indoors or on their outdoor patio. For those looking for a unique shopping experience, there's The Rusty Scissors boutique which sells antiques and vintage home decor items. With so much to explore in Farmdale, residents don't have to go far to find something fun or interesting.

Farmdale (zip 44417) has an unemployment rate of 6.4%. The US average is 6.0%.

Farmdale (zip 44417) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.

Tax Rates for Farmdale (zip 44417)
- The Sales Tax Rate for Farmdale (zip 44417) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Farmdale (zip 44417) 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 Farmdale (zip 44417)
- The average income of a Farmdale (zip 44417) resident is $23,504 a year. The US average is $28,555 a year.
- The Median household income of a Farmdale (zip 44417) resident is $46,222 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFarmdale, OhioUnited States
  6.46
  -7.0%-6.2%
  13.2%33.5%
  6.8%6.2%
  3.5%4.6%
  $26,937$37,638
  $46,222$69,021
  $52,031$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  12.9%6.8%
  16.5%10.0%
  1.6%2.5%
  16.5%11.0%
  3.2%4.8%
  0.0%0.8%
  2.4%1.9%
  6.3%4.7%
  2.2%1.9%
  1.6%7.6%
  0.0%0.1%
  0.0%4.2%
  5.0%9.3%
  9.9%14.0%
  4.0%2.1%
  4.2%7.0%
  1.6%4.8%
  6.3%4.7%
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