Zip 44253 (Litchfield, OH) Economy


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United States / Ohio / Cleveland-Elyria Metro Area / Medina County / No City / Litchfield (zip 44253)
Litchfield, OH is a city located in Medina County. The population of Litchfield is 1,639 and the median household income is $75,098. It is known for its small-town charm and close proximity to larger cities such as Akron and Cleveland. \nThe average 2 Bedroom rent in Litchfield is $990 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index for Litchfield is 102 versus the US average of 100. \nThe area has many businesses such as LC Tire Company, Sunshine Cleaning Services, and Citywide Automotive Repair that offer services to residents of Litchfield. Additionally there are a number of dining establishments including Erbynn's Bakery & Cafe and Dining Room by Patrice that provide delicious food to locals and visitors alike.

Litchfield (zip 44253) has an unemployment rate of 3.3%. The US average is 6.0%.

Litchfield (zip 44253) 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 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Litchfield (zip 44253)
- The Sales Tax Rate for Litchfield (zip 44253) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Litchfield (zip 44253) is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Litchfield (zip 44253)
- The average income of a Litchfield (zip 44253) resident is $30,763 a year. The US average is $28,555 a year.
- The Median household income of a Litchfield (zip 44253) resident is $81,484 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLitchfield, OhioUnited States
  3.36
  -10.0%-6.2%
  26.3%33.5%
  6.8%6.2%
  4.0%4.6%
  $37,423$37,638
  $81,484$69,021
  $96,500$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  8.3%6.8%
  14.1%10.0%
  1.9%2.5%
  12.6%11.0%
  8.7%4.8%
  0.9%0.8%
  0.5%1.9%
  3.8%4.7%
  0.0%1.9%
  0.6%7.6%
  0.0%0.1%
  6.3%4.2%
  6.4%9.3%
  9.6%14.0%
  1.6%2.1%
  6.6%7.0%
  8.8%4.8%
  8.9%4.7%
Health