Zip 45863 (Middle Point, OH) Economy


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United States / Ohio / Van Wert Metro Area / Van Wert County / No City / Middle Point (zip 45863)
45863 Middle Point, OH is a rural village located in Van Wert County with a population of approximately 1,400 people. The median 2 bedroom rent in this area is substantially lower than the US average at $800. Furthermore, groceries are even more affordable here with the Grocery Cost Index rating being 91 versus 100 in the US.
The village has several local stores and companies to serve the needs of its residents such as Bobo's Furniture Outlet, Amish Country Store, and Middle Point Hardware. Additionally, there are two golf courses nearby for those looking for recreational activities: Auglaize Golf Course and Delphos Country Club. All these businesses provide quality services to the people of Middle Point while contributing to the development of their local economy.

Middle Point (zip 45863) has an unemployment rate of 3.8%. The US average is 6.0%.

Middle Point (zip 45863) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Middle Point (zip 45863)
- The Sales Tax Rate for Middle Point (zip 45863) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Middle Point (zip 45863) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Middle Point (zip 45863)
- The average income of a Middle Point (zip 45863) resident is $20,210 a year. The US average is $28,555 a year.
- The Median household income of a Middle Point (zip 45863) resident is $62,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMiddle Point, OhioUnited States
  3.86
  -5.7%-6.2%
  28.1%33.5%
  7.3%6.2%
  4.5%4.6%
  $27,832$37,638
  $62,375$69,021
  $66,071$85,028
  Population by Occupation
  7.9%1.2%
  1.0%0.5%
  2.0%6.8%
  28.1%10.0%
  2.8%2.5%
  14.0%11.0%
  1.7%4.8%
  0.6%0.8%
  1.5%1.9%
  2.9%4.7%
  0.9%1.9%
  10.6%7.6%
  0.0%0.1%
  0.0%4.2%
  0.9%9.3%
  15.3%14.0%
  0.0%2.1%
  2.0%7.0%
  3.8%4.8%
  3.8%4.7%
Health