Zip 44089 (Vermilion, OH) Economy


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Vermilion, OH is a small city located in Lorain County with a population of about 10,000 people. It's an affordable place to live, with the average two-bedroom rental being around $1,170 compared to the US average of $1,430. Additionally, grocery costs are lower than the national average index at 97 versus 100.
The city has a variety of businesses and local shops for residents to explore. Popular places include Vermilion Pizzeria and Restaurant, The Boathouse Bar & Grill, Vermilion Valley Nursery and Garden Center and Lakebreeze Winery. Other attractions include Marblehead Lighthouse State Park and Catawba Island State Park.
Overall, Vermilion has an excellent cost of living combined with beautiful scenery and plenty of activities to enjoy in or near town.

Vermilion (zip 44089) has an unemployment rate of 6.1%. The US average is 6.0%.

Vermilion (zip 44089) 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 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Vermilion (zip 44089)
- The Sales Tax Rate for Vermilion (zip 44089) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Vermilion (zip 44089) is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Vermilion (zip 44089)
- The average income of a Vermilion (zip 44089) resident is $27,819 a year. The US average is $28,555 a year.
- The Median household income of a Vermilion (zip 44089) resident is $68,896 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVermilion, OhioUnited States
  6.16
  -8.3%-6.2%
  24.5%33.5%
  6.8%6.2%
  6.0%4.6%
  $44,279$37,638
  $68,896$69,021
  $82,065$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.4%6.8%
  16.8%10.0%
  1.9%2.5%
  11.2%11.0%
  3.1%4.8%
  0.6%0.8%
  1.5%1.9%
  2.8%4.7%
  4.2%1.9%
  5.9%7.6%
  0.0%0.1%
  1.5%4.2%
  8.8%9.3%
  19.0%14.0%
  1.8%2.1%
  6.4%7.0%
  4.8%4.8%
  4.2%4.7%
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