Harrod, OH is a small village located in Allen County with a population of 45850. The two bedroom rent in Harrod is quite affordable, at only $800 compared to the US average of $1,430. Grocery costs here are also much lower than the national average, sitting at an index of 91 versus 100 in the US.
The local economy benefits from the presence of several businesses such as Town & Country Supermarket, Ohio Northern University Pharmacy, and MJM Auto Sales. Residents can also access nearby services like Lima Memorial Health System and U-Haul Moving & Storage for all their needs. Overall, Harrod is a great place for families looking for a quiet and affordable lifestyle while still being close to basic amenities.
Harrod (zip 45850) has an unemployment rate of 5.4%. The US average is 6.0%.
Harrod (zip 45850) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Harrod (zip 45850)
- The Sales Tax Rate for Harrod (zip 45850) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Harrod (zip 45850) is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Harrod (zip 45850)
- The average income of a Harrod (zip 45850) resident is $29,217 a year. The US average is $37,638 a year.
- The Median household income of a Harrod (zip 45850) resident is $71,681 a year. The US average is $69,021 a year.