Lakemore, OH (44250) is a small community located in the Akron area. It has a population of approximately 2,000 people and is an ideal place to live for those searching for affordability without sacrificing amenities. The average 2 bedroom rent in Lakemore is $1,170 which is significantly less than the US average of $1,430. Grocery costs are also lower here than the US with an index of 93 compared to 100 nationally. For those looking to save money while still having access to great local businesses, Lakemore is a great choice. There are many popular local places such as Blue Door Café & Bakery, Taggarts Ice Cream Parlor, and Boulevard Tavern that offer quality food at low prices. Shopping enthusiasts can find great bargains at nearby stores like Target, Walmart, or Macy’s department store. Overall Lakemore offers a comfortable lifestyle that is easy on the wallet compared to other surrounding cities in Ohio.
Lakemore (zip 44250) has an unemployment rate of 5.7%. The US average is 6.0%.
Lakemore (zip 44250) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Lakemore (zip 44250)
- The Sales Tax Rate for Lakemore (zip 44250) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lakemore (zip 44250) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lakemore (zip 44250)
- The average income of a Lakemore (zip 44250) resident is $20,450 a year. The US average is $28,555 a year.
- The Median household income of a Lakemore (zip 44250) resident is $50,250 a year. The US average is $69,021 a year.