Zip 44638 (Lakeville, OH) Economy


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United States / Ohio / No Metro Area / Holmes County / No City / Lakeville (zip 44638)
44638 Lakeville, OH is a great place to live with plenty of local companies, schools and attractions. With 2 bedroom rent at $800 compared to the US average of $1,430 it's easy to afford living in Lakeville. The grocery cost index in Lakeville is 99 versus 100 in the US, which means that groceries are more affordable here than other areas. Local companies include the Lakeville National Bank, Blue Ribbon Farms, and Kenny's Manufacturing Co. Schools in the area are Keystone Local School District and Buckeye Career Center for those looking for education. For entertainment there is Strouds Run State Park which offers swimming pools, hiking trails, boating and much more for all ages to enjoy.

Lakeville (zip 44638) has an unemployment rate of 2.4%. The US average is 6.0%.

Lakeville (zip 44638) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Lakeville (zip 44638)
- The Sales Tax Rate for Lakeville (zip 44638) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lakeville (zip 44638) is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Lakeville (zip 44638)
- The average income of a Lakeville (zip 44638) resident is $25,485 a year. The US average is $28,555 a year.
- The Median household income of a Lakeville (zip 44638) resident is $60,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLakeville, OhioUnited States
  2.46
  -0.7%-6.2%
  25.8%33.5%
  7.0%6.2%
  3.5%4.6%
  $25,357$37,638
  $60,563$69,021
  $78,657$85,028
  Population by Occupation
  6.8%1.2%
  0.0%0.5%
  16.9%6.8%
  17.1%10.0%
  1.4%2.5%
  11.3%11.0%
  2.5%4.8%
  0.0%0.8%
  0.0%1.9%
  5.1%4.7%
  6.4%1.9%
  0.0%7.6%
  0.0%0.1%
  3.9%4.2%
  10.1%9.3%
  9.9%14.0%
  0.0%2.1%
  4.1%7.0%
  1.9%4.8%
  2.7%4.7%
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