Zip 43065 (Powell, OH) Economy


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United States / Ohio / Columbus Metro Area / Delaware County / No City / Powell (zip 43065)
Powell, OH 43065 is a small city in Ohio with a population of 12,457 as of 2018. It is known to have an affordable cost of living that makes it an attractive place to live for many people. The average rent for a two bedroom unit in Powell is $1,360 while the national average for the same type of housing is $1,430. This means that residents can save around 8% on their rent compared to other cities in the US. Furthermore, grocery costs in Powell are 106 compared to 100 nationally, meaning that food prices are slightly higher than the national average but still reasonable.
The city is home to several notable companies such as Nationwide Insurance headquarters and DSW shoe warehouses. Additionally, major retailers such as Giant Eagle, Panera Bread and Home Depot also have a presence in Powell. All these options give residents plenty of employment opportunities while staying close to home.
In conclusion, Powell has much to offer potential residents looking for an affordable place to live with plenty of job opportunities nearby. With rent costs below the national average and convenient access to major retailers and other businesses, Powell's cost of living remains low despite being slightly above national averages for groceries and other items.

Powell (zip 43065) has an unemployment rate of 3.8%. The US average is 6.0%.

Powell (zip 43065) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 35.8%, which is higher than the US average of 33.5%.

Tax Rates for Powell (zip 43065)
- The Sales Tax Rate for Powell (zip 43065) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Powell (zip 43065) is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Powell (zip 43065)
- The average income of a Powell (zip 43065) resident is $62,366 a year. The US average is $37,638 a year.
- The Median household income of a Powell (zip 43065) resident is $141,726 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPowell, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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