45854 Lafayette, OH is a small rural town located in the southern part of the state. According to research, the average 2 bedroom rent in this area is $940 which is lower than the US national average of $1,430. Additionally, grocery cost index for the area is 89 versus 100 in the US. With such low cost of living and access to goods and services in town, 45854 Lafayette is an ideal place to live.
In terms of job opportunities, residents of 45854 Lafayette have access to local companies such as Wal-Mart Distribution Center, Turner Dairy Farms Inc., Appleton Bakery Company Inc., and Noble Tool & Die Co. Each of these companies offer jobs ranging from warehouse work to skilled labor positions. Furthermore, there are also numerous other small businesses like restaurants, cafés, bars and other retail stores where one can look for employment.
Lafayette (zip 45854) has an unemployment rate of 5.4%. The US average is 6.0%.
Lafayette (zip 45854) 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 Lafayette (zip 45854)
- The Sales Tax Rate for Lafayette (zip 45854) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lafayette (zip 45854) 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 Lafayette (zip 45854)
- The average income of a Lafayette (zip 45854) resident is $24,806 a year. The US average is $37,638 a year.
- The Median household income of a Lafayette (zip 45854) resident is $45,804 a year. The US average is $69,021 a year.