43548 New Bavaria, OH is a small town located in the state of Ohio. The median 2 Bedroom Rent for this area is $800, which is significantly lower than the US 2 Bedroom rent of $1,430. Additionally, the Grocery Cost Index in 43548 New Bavaria is 91 as opposed to 100 in the US. This makes this area an affordable place to live and work.
The town has a variety of local businesses that satisfy its citizens' needs such as Gorman’s Country Store which offers fresh produce and handmade items; Schaadt’s Garage which provides vehicle maintenance services; and Pater’s Bakery which sells delicious baked goods. There are also many places to eat like Kuntry Kitchen Restaurant and Lisa’s Pizza Place. These local companies provide many jobs and help to enhance the economy of 43548 New Bavaria, OH.
New Bavaria (zip 43548) has an unemployment rate of 5.1%. The US average is 6.0%.
New Bavaria (zip 43548) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for New Bavaria (zip 43548)
- The Sales Tax Rate for New Bavaria (zip 43548) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Bavaria (zip 43548) is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Bavaria (zip 43548)
- The average income of a New Bavaria (zip 43548) resident is $23,365 a year. The US average is $28,555 a year.
- The Median household income of a New Bavaria (zip 43548) resident is $84,167 a year. The US average is $69,021 a year.