Forest Park, OH (zip code 45240) is a desirable place to call home due to its suburban lifestyle and easy access to amenities. The two bedroom rent here is $1,230 on average which is more affordable than the US average of $1,430. This community also boasts an impressive grocery cost index of 97, making it cheaper to stock up your pantry than in the majority of the country. Additionally, Forest Park has a variety of local businesses ranging from retail stores such as Walmart and Meijer, to popular restaurants like Chipotle and Zaxby's. There are even numerous parks and golf courses nearby for families looking for outdoor recreation opportunities. All in all, living in Forest Park offers an excellent quality of life at an affordable price point compared to much of the rest of the US.
Forest Park (zip 45240) has an unemployment rate of 4.4%. The US average is 6.0%.
Forest Park (zip 45240) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Forest Park (zip 45240)
- The Sales Tax Rate for Forest Park (zip 45240) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Forest Park (zip 45240) 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 Forest Park (zip 45240)
- The average income of a Forest Park (zip 45240) resident is $29,920 a year. The US average is $37,638 a year.
- The Median household income of a Forest Park (zip 45240) resident is $62,350 a year. The US average is $69,021 a year.