Zip 45416 (Trotwood, OH) Economy


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United States / Ohio / No Metro Area / Montgomery County / Trotwood / Trotwood (zip 45416)
Trotwood, OH is a great place to live and work. With a 2 Bedroom Rent of only $1,160 compared to the US average of $1,430, it's an affordable place to call home. It's also convenient for shopping as the Grocery Cost Index in Trotwood is 92 versus 100 in the US.
Trotwood is home to several local businesses including Tribute Memorial Care Medical Center, Dayton Freight Lines Inc., Mondelez International, LLC and Outreach Telemarketing Solutions Inc. Additionally there are numerous restaurants such as Skyline Chili, KFC and El Rancho Mexican Restaurant that offer delicious meals for residents in Trotwood.

Trotwood (zip 45416) has an unemployment rate of 6.2%. The US average is 6.0%.

Trotwood (zip 45416) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Trotwood (zip 45416)
- The Sales Tax Rate for Trotwood (zip 45416) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Trotwood (zip 45416) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Trotwood (zip 45416)
- The average income of a Trotwood (zip 45416) resident is $19,625 a year. The US average is $28,555 a year.
- The Median household income of a Trotwood (zip 45416) resident is $53,920 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTrotwood, OhioUnited States
  6.26
  -4.4%-6.2%
  29.6%33.5%
  7.5%6.2%
  5.7%4.6%
  $25,909$37,638
  $53,920$69,021
  $59,817$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.0%6.8%
  20.4%10.0%
  1.8%2.5%
  15.6%11.0%
  6.5%4.8%
  0.0%0.8%
  0.7%1.9%
  1.3%4.7%
  0.5%1.9%
  7.0%7.6%
  0.6%0.1%
  5.5%4.2%
  4.3%9.3%
  19.7%14.0%
  0.9%2.1%
  4.5%7.0%
  2.9%4.8%
  3.8%4.7%
Health