Fort Loramie, Ohio (45845) is a small town located in Shelby County. This rural community is known for its appeal to those who prefer the slow-paced lifestyle of the Midwest. The town's population was 1,501 as of 2019, and its main industries are agriculture and manufacturing. The cost of living in Fort Loramie is notably lower than the national average due to its small size and lack of major tourist attractions. Rent for a two bedroom apartment averages at $820, which is nearly half what one would pay in other parts of the country. Grocery costs are also low—the Grocery Cost Index in Fort Loramie is 99 compared to 100 nationally.
The town boasts several local businesses that provide groceries or specialty items to residents or visitors alike. These include Joe’s General Store, K&R Country Store, Fort Loramie Market & Deli, Wint's Meats & Gourmet Foods, and JT’s Feed & Seed Store. With an abundance of modest rental prices and low grocery costs, it's no surprise that many choose to call Fort Loramie home—it's convenient living without breaking the bank!
Fort Loramie (zip 45845) has an unemployment rate of 3.7%. The US average is 6.0%.
Fort Loramie (zip 45845) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Fort Loramie (zip 45845)
- The Sales Tax Rate for Fort Loramie (zip 45845) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Fort Loramie (zip 45845) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Fort Loramie (zip 45845)
- The average income of a Fort Loramie (zip 45845) resident is $27,916 a year. The US average is $28,555 a year.
- The Median household income of a Fort Loramie (zip 45845) resident is $67,917 a year. The US average is $69,021 a year.