Zip 43940 (Neffs, OH) Economy


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43940 Neffs, OH is an area with affordable housing and low cost of living. The average two bedroom rent in the area is $810 compared to the national average of $1,430. Additionally, the grocery cost index in Neffs is 97 versus 100 in the US. This makes it a great place for families and individuals looking to save money for other investments or expenses. There are many local companies located within 43940 such as KFC, Marjon Auto Parts, East Ohio Mechanical Inc., and Timber Ridge Golf Course. These businesses provide additional job opportunities and support small business growth in the area.

Neffs (zip 43940) has an unemployment rate of 5.8%. The US average is 6.0%.

Neffs (zip 43940) has seen the job market decrease by -8.6% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Neffs (zip 43940)
- The Sales Tax Rate for Neffs (zip 43940) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Neffs (zip 43940) 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 Neffs (zip 43940)
- The average income of a Neffs (zip 43940) resident is $22,699 a year. The US average is $37,638 a year.
- The Median household income of a Neffs (zip 43940) resident is $52,639 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNeffs, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
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