Zip 44653 (Midvale, OH) Economy


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Midvale, OH is a small village located in Tuscarawas County Ohio with a population of 439 people. The 2 Bedroom Rent in Midvale is $870, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Midvale is 94 compared to the US average of 100 indicating that groceries are relatively more affordable here as well.
Some local businesses that offer services in Midvale include Midvale Hardware Company, a locally owned home improvement store offering equipment rentals and repairs; Newell-Kiser Funeral Home, providing traditional funeral services and cremations for families; and Willard Dairy Farm, a family-owned dairy farm selling fresh milk and ice cream products to customers throughout the area. These companies exemplify the small-town feel and close community ties that make Midvale such an enjoyable place to live.

Midvale (zip 44653) has an unemployment rate of 4.5%. The US average is 6.0%.

Midvale (zip 44653) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Midvale (zip 44653)
- The Sales Tax Rate for Midvale (zip 44653) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Midvale (zip 44653) 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 Midvale (zip 44653)
- The average income of a Midvale (zip 44653) resident is $19,609 a year. The US average is $28,555 a year.
- The Median household income of a Midvale (zip 44653) resident is $55,298 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidvale, OhioUnited States
  4.56
  -4.5%-6.2%
  24.3%33.5%
  7.3%6.2%
  3.5%4.6%
  $22,182$37,638
  $55,298$69,021
  $55,800$85,028
  Population by Occupation
  0.0%1.2%
  3.0%0.5%
  6.6%6.8%
  21.0%10.0%
  3.6%2.5%
  17.1%11.0%
  6.9%4.8%
  0.6%0.8%
  0.6%1.9%
  0.0%4.7%
  0.9%1.9%
  2.1%7.6%
  0.0%0.1%
  4.2%4.2%
  2.7%9.3%
  14.7%14.0%
  0.0%2.1%
  2.4%7.0%
  12.3%4.8%
  1.5%4.7%
Health