Zip 43556 (Sherwood, OH) Economy


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United States / Ohio / Defiance Metro Area / Defiance County / No City / Sherwood (zip 43556)
43556 Sherwood, OH is a great place to live for those looking for an affordable rent. The 2 bedroom rent in this area of Ohio is $830 per month when compared to the US average of $1,430 per month. It is also located close to many great amenities such as a grocery store, pharmacy, and fast food restaurants. Additionally, there are local companies nearby such as Ray's Automotive Repair & Tire Center and Great Lakes Trading Co that provide reliable services to the community. With a Grocery Cost Index of 91 versus 100 in the US, this area offers an affordable lifestyle without compromising on quality.

Sherwood (zip 43556) has an unemployment rate of 4.1%. The US average is 6.0%.

Sherwood (zip 43556) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.

Tax Rates for Sherwood (zip 43556)
- The Sales Tax Rate for Sherwood (zip 43556) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sherwood (zip 43556) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Sherwood (zip 43556)
- The average income of a Sherwood (zip 43556) resident is $22,270 a year. The US average is $28,555 a year.
- The Median household income of a Sherwood (zip 43556) resident is $66,528 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySherwood, OhioUnited States
  4.16
  -5.3%-6.2%
  18.6%33.5%
  6.8%6.2%
  4.4%4.6%
  $26,002$37,638
  $66,528$69,021
  $81,563$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  2.8%6.8%
  29.0%10.0%
  1.2%2.5%
  12.4%11.0%
  2.3%4.8%
  1.2%0.8%
  0.0%1.9%
  4.1%4.7%
  3.2%1.9%
  0.0%7.6%
  0.0%0.1%
  1.9%4.2%
  12.0%9.3%
  8.7%14.0%
  0.8%2.1%
  3.9%7.0%
  9.2%4.8%
  1.2%4.7%
Health