45371 Tipp City, OH is a wonderful place to live. It has a thriving and vibrant economy thanks to the many local businesses that call it home. Businesses like Tippecanoe Boat Company, Clopay Building Products, Paulding Putnam Electric Cooperative, and Baldwin Filters are just some of the companies that contribute to the city’s economic landscape. The cost of living in 45371 Tipp City, OH is very affordable when compared to other places in the United States. 2 bedroom rent in 45371 Tipp City, OH is only $980 per month while the US average is $1,430 per month. Grocery costs are also lower with a cost index of 100 versus 100 in the US.
Tipp City (zip 45371) has an unemployment rate of 4.0%. The US average is 6.0%.
Tipp City (zip 45371) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Tipp City (zip 45371)
- The Sales Tax Rate for Tipp City (zip 45371) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tipp City (zip 45371) 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 Tipp City (zip 45371)
- The average income of a Tipp City (zip 45371) resident is $40,293 a year. The US average is $37,638 a year.
- The Median household income of a Tipp City (zip 45371) resident is $79,567 a year. The US average is $69,021 a year.