Zip 43962 (Summitville, OH) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Ohio / Salem Metro Area / Columbiana County / No City / Summitville (zip 43962)
43962 Summitville, OH is a small town located in the Appalachian foothills of Stark County. It has a population of approximately 600 people and offers its residents a quiet, rural lifestyle. The median two-bedroom rent in 43962 Summitville,OH is $790, which is significantly lower than the US median of $1,430 making it an affordable area to live. The grocery cost index here is 96 versus 100 in the US as well.
The local companies in 43962 Summitville, OH include E&B Paving Supply Co., H&H Trailers Plus Inc., and Radioshack. These businesses provide employment opportunities to many local residents and contribute to the economic growth of the area.
Amenities around 43962 Summitville, OH include several hiking trails that meander through rolling hills and dense forests. There are also several lakes for fishing and swimming. Residents can also enjoy nearby shopping centers including Belden Village Mall and Hartville Marketplace & Flea Market which offer plenty of shops for all their needs.

Summitville (zip 43962) has an unemployment rate of 5.4%. The US average is 6.0%.

Summitville (zip 43962) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 13.9%, which is lower than the US average of 33.5%.

Tax Rates for Summitville (zip 43962)
- The Sales Tax Rate for Summitville (zip 43962) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Summitville (zip 43962) 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 Summitville (zip 43962)
- The average income of a Summitville (zip 43962) resident is $24,993 a year. The US average is $37,638 a year.
- The Median household income of a Summitville (zip 43962) resident is $56,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySummitville, 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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.