45050 Monroe, OH is a great city to live in for those looking for an affordable living option and the convenience of many amenities. The average two bedroom rent in this area is $1,530 which is $100 lower than the US average. Its grocery cost index also ranks at 100 compared to the national average. This makes it the perfect place to live and thrive in.
There are numerous companies thriving throughout 45050 Monroe, OH including Heidelberg Distributing Company, Procter & Gamble, U-Haul Moving & Storage of Monroe, Kustom Products Inc., and more. There are plenty of job opportunities available in this area so you can find work close by without having to travel far.
The culture of 45050 Monroe, OH is very vibrant with numerous festivals held throughout the year such as the Heritage Days Festival that attracts many visitors from nearby cities each year. Additionally, there are plenty of shopping centers available within a short drive away from Monroe so you can find anything you need or want when living here.
Monroe (zip 45050) has an unemployment rate of 4.1%. The US average is 6.0%.
Monroe (zip 45050) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Monroe (zip 45050)
- The Sales Tax Rate for Monroe (zip 45050) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Monroe (zip 45050) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Monroe (zip 45050)
- The average income of a Monroe (zip 45050) resident is $37,778 a year. The US average is $37,638 a year.
- The Median household income of a Monroe (zip 45050) resident is $94,240 a year. The US average is $69,021 a year.