43055 Newark, OH is an inviting town located in Licking County. With a two bedroom rent of $940 and a grocery cost index of 96 compared to the US average, it is an affordable location for those looking to find a new home. Local companies include Newark Building Supply Co., Nucor Steel Newark Inc., Krog Corporation, and Johnson Controls Inc. Aside from its many businesses, 43055 Newark, OH also has plenty to offer in terms of recreation and culture; with parks, museums, and cafes scattered throughout the town.
Newark (zip 43055) has an unemployment rate of 4.0%. The US average is 6.0%.
Newark (zip 43055) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Newark (zip 43055)
- The Sales Tax Rate for Newark (zip 43055) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Newark (zip 43055) is 6.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Newark (zip 43055)
- The average income of a Newark (zip 43055) resident is $28,814 a year. The US average is $37,638 a year.
- The Median household income of a Newark (zip 43055) resident is $55,862 a year. The US average is $69,021 a year.