Zip 44065 (Newbury, OH) Economy


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United States / Ohio / Cleveland-Elyria Metro Area / Geauga County / No City / Newbury (zip 44065)
Newbury, OH, located in 44065 zip code, is an excellent place for those looking for a reasonable cost of living. The average 2 bedroom rent is $1,040 while the US average is around $1,430. Additionally the grocery cost index in this area is about 100 compared to the same index across the country. This means that you can save money on daily expenses and have more to spend on other necessities or leisure activities.
In Newbury there are many places to shop and dine as well as companies to do business with. Local businesses like Newbury Auto Repair Inc., The Dollar General Store, Krawczyk Insurance Agency, and JJ Construction LLC are popular among residents of the area. These companies provide jobs and services that help keep Newbury humming along day by day.

Newbury (zip 44065) has an unemployment rate of 3.2%. The US average is 6.0%.

Newbury (zip 44065) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.

Tax Rates for Newbury (zip 44065)
- The Sales Tax Rate for Newbury (zip 44065) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Newbury (zip 44065) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Newbury (zip 44065)
- The average income of a Newbury (zip 44065) resident is $31,658 a year. The US average is $28,555 a year.
- The Median household income of a Newbury (zip 44065) resident is $86,574 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewbury, OhioUnited States
  3.26
  -9.7%-6.2%
  24.0%33.5%
  6.8%6.2%
  4.6%4.6%
  $47,319$37,638
  $86,574$69,021
  $104,750$85,028
  Population by Occupation
  3.7%1.2%
  0.9%0.5%
  13.8%6.8%
  8.5%10.0%
  4.9%2.5%
  5.3%11.0%
  6.4%4.8%
  0.8%0.8%
  2.8%1.9%
  2.2%4.7%
  2.9%1.9%
  7.4%7.6%
  0.0%0.1%
  6.5%4.2%
  5.2%9.3%
  17.1%14.0%
  1.6%2.1%
  3.6%7.0%
  2.8%4.8%
  3.6%4.7%
Health