Zip 43045 (Milford Center, OH) Economy


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United States / Ohio / Columbus Metro Area / Union County / No City / Milford Center (zip 43045)
43045 Milford Center, OH is a small community located in Union County. The city offers numerous amenities and opportunities for residents, including local businesses such as Union Market, S&S Auto Repair, and The Coffee Spot. The cost of living in the area is low, with 2 Bedroom Rent at $1,150 compared to the US average of $1,430. Additionally, Grocery Cost Index in 43045 Milford Center is 99 versus 100 in the US, making it a very affordable place to live.

Milford Center (zip 43045) has an unemployment rate of 3.4%. The US average is 6.0%.

Milford Center (zip 43045) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 34.7%, which is higher than the US average of 33.5%.

Tax Rates for Milford Center (zip 43045)
- The Sales Tax Rate for Milford Center (zip 43045) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Milford Center (zip 43045) 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 Milford Center (zip 43045)
- The average income of a Milford Center (zip 43045) resident is $33,648 a year. The US average is $37,638 a year.
- The Median household income of a Milford Center (zip 43045) resident is $91,448 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilford Center, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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