Sugar Grove, OH (Zip Code 43155) is an affordable area of Ohio with a 2 bedroom rent for around $1,080 per month compared to the US average of $1,430. Grocery costs are also lower indexing at 98 versus 100 in the US. This makes Sugar Grove a desirable place to live for many people on a budget. To say that it has an impact on the local economy would be an understatement. Several large companies have located here such as American Greetings, MTD Products, Daimler Trucks North America, and Shearer's Foods all providing employment opportunities for residents. In addition to these larger corporations, there are numerous small businesses in Sugar Grove that provide goods and services essential to the community’s growth and prosperity. All of these entities contribute to the health of the local economy and underscore why Sugar Grove is such a popular place to live in Ohio.
Sugar Grove (zip 43155) has an unemployment rate of 4.6%. The US average is 6.0%.
Sugar Grove (zip 43155) 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 32.5%, which is lower than the US average of 33.5%.
Tax Rates for Sugar Grove (zip 43155)
- The Sales Tax Rate for Sugar Grove (zip 43155) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sugar Grove (zip 43155) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sugar Grove (zip 43155)
- The average income of a Sugar Grove (zip 43155) resident is $36,801 a year. The US average is $37,638 a year.
- The Median household income of a Sugar Grove (zip 43155) resident is $86,042 a year. The US average is $69,021 a year.