Lima, Ohio (45801) is a city in Allen County that has an average two-bedroom rent of $830, which is significantly lower than the US average of $1,430. Additionally, its Grocery Cost Index is 89 compared to the US average of 100 meaning groceries are more affordable in Lima. The economy of Lima is largely driven by manufacturing companies such as Honda, Thor Industries and ZF-TRW Automotive Components. It also hosts healthcare services like Mercy Health-St. Rita's Medical Center and Lima Memorial Health System that contribute to the local economy. The lower cost of living and competitive salaries offered by these local companies attract many people to Lima each year contributing to its population growth and economic development.
Lima (zip 45801) has an unemployment rate of 6.8%. The US average is 6.0%.
Lima (zip 45801) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Lima (zip 45801)
- The Sales Tax Rate for Lima (zip 45801) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lima (zip 45801) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Lima (zip 45801)
- The average income of a Lima (zip 45801) resident is $16,060 a year. The US average is $28,555 a year.
- The Median household income of a Lima (zip 45801) resident is $41,216 a year. The US average is $69,021 a year.