Zip 45894 (Venedocia, OH) Economy


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United States / Ohio / Van Wert Metro Area / Van Wert County / No City / Venedocia (zip 45894)
Venedocia, OH is a small town located in Van Wert County and has a population of 45894. Rent for 2 bedroom apartments is very reasonable compared to the US average at only $800 per month. Grocery costs are also quite low with an index of 91 compared to the national average of 100. There are plenty of local businesses to explore in Venedocia including the K & M Food Mart, the Beaverdam Lake Campground, and the Lazy J Farm Market. These businesses offer residents quality goods and services as well as provide employment opportunities within the community.

Venedocia (zip 45894) has an unemployment rate of 3.8%. The US average is 6.0%.

Venedocia (zip 45894) 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 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Venedocia (zip 45894)
- The Sales Tax Rate for Venedocia (zip 45894) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Venedocia (zip 45894) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Venedocia (zip 45894)
- The average income of a Venedocia (zip 45894) resident is $16,841 a year. The US average is $28,555 a year.
- The Median household income of a Venedocia (zip 45894) resident is $73,663 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVenedocia, OhioUnited States
  3.86
  -5.7%-6.2%
  28.1%33.5%
  7.3%6.2%
  4.5%4.6%
  $29,062$37,638
  $73,663$69,021
  $77,875$85,028
  Population by Occupation
  12.2%1.2%
  0.0%0.5%
  6.4%6.8%
  15.8%10.0%
  2.7%2.5%
  4.3%11.0%
  6.4%4.8%
  0.0%0.8%
  3.6%1.9%
  7.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.6%4.2%
  21.6%9.3%
  13.1%14.0%
  0.0%2.1%
  2.7%7.0%
  3.0%4.8%
  0.0%4.7%
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