Zip 44446 (Niles, OH) Economy


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44446 Niles, OH is an ideal place to live due to its affordability. The 2 bedroom rent is $820, which is significantly lower than the national average of $1,430. Groceries also cost less in Niles with a grocery cost index of 93 compared to 100 nationally. This makes it possible for residents to enjoy more for their money. There are plenty of local companies in the area providing jobs and services such as Packard Electric Division of General Motors, Cortland Banks, and Waste Management Inc., just to name a few. With its affordable living costs and strong employment opportunities, 44446 Niles, OH is an attractive place to call home.

Niles (zip 44446) has an unemployment rate of 6.4%. The US average is 6.0%.

Niles (zip 44446) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.

Tax Rates for Niles (zip 44446)
- The Sales Tax Rate for Niles (zip 44446) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Niles (zip 44446) 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 Niles (zip 44446)
- The average income of a Niles (zip 44446) resident is $20,916 a year. The US average is $28,555 a year.
- The Median household income of a Niles (zip 44446) resident is $44,494 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNiles, OhioUnited States
  6.46
  -7.0%-6.2%
  13.2%33.5%
  6.8%6.2%
  3.5%4.6%
  $26,904$37,638
  $44,494$69,021
  $62,199$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  4.6%6.8%
  14.3%10.0%
  2.4%2.5%
  11.5%11.0%
  2.7%4.8%
  0.6%0.8%
  4.0%1.9%
  3.2%4.7%
  2.9%1.9%
  2.3%7.6%
  0.1%0.1%
  4.1%4.2%
  7.4%9.3%
  17.0%14.0%
  1.4%2.1%
  10.1%7.0%
  5.8%4.8%
  5.2%4.7%
Health