45370 Spring Valley, OH is a great place to settle down. It offers relatively affordable 2 bedroom rent of $970 compared to the national average of $1,430. This makes it an ideal option for young couples and families who are on a budget. The grocery cost index in this area is 103 versus 100 in the US, and the living cost here is lower than the national average. Local companies such as H&M Printing Services Inc., R–G–H Oxygen Supply and Home City Ice Co. are just some of the prominent business located here. In terms of attractions, Spring Valley has plenty to offer including Heritage Park & Museum, Ohio Caverns, Clifton Mill and Tecumseh Outdoor Drama for outdoor recreation lovers.
Spring Valley (zip 45370) has an unemployment rate of 4.3%. The US average is 6.0%.
Spring Valley (zip 45370) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Spring Valley (zip 45370)
- The Sales Tax Rate for Spring Valley (zip 45370) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Spring Valley (zip 45370) 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 Spring Valley (zip 45370)
- The average income of a Spring Valley (zip 45370) resident is $44,639 a year. The US average is $28,555 a year.
- The Median household income of a Spring Valley (zip 45370) resident is $123,036 a year. The US average is $69,021 a year.