Lima, OH (45805) is a city located in Allen County. It offers its residents an affordable cost of living, with a two-bedroom rent of $920 as compared to the US average of $1,430. The Grocery Cost Index is 91 in Lima versus 100 in the US. Local businesses that operate in Lima include Horner Novelty Company, Lima Chevrolet Buick GMC, J & M Towing & Recovery Service, and Quality Car Center. In addition to offering an economical cost of living suited for all budgets, Lima also has a plethora of activities to offer its citizens such as local parks and attractions.
Lima (zip 45805) has an unemployment rate of 6.8%. The US average is 6.0%.
Lima (zip 45805) has seen the job market decrease by -4.2% 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 45805)
- The Sales Tax Rate for Lima (zip 45805) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lima (zip 45805) 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 45805)
- The average income of a Lima (zip 45805) resident is $29,817 a year. The US average is $37,638 a year.
- The Median household income of a Lima (zip 45805) resident is $58,180 a year. The US average is $69,021 a year.