Zip 43968 (Wellsville, OH) Economy


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Wellsville, OH is a small town located in Columbiana County. It has a population of 4,396 and is known for its friendly atmosphere and low cost of living. The average rent for a two bedroom apartment is just $730 per month, significantly less than the national average of $1,430. The local grocery cost index is 95 compared to the national index of 100, making it even more affordable to live here.
Local businesses in Wellsville include Wellsville Family Pharmacy, Rich Oil Co., Papa Bear's Pizza & Subs, B&K Lawn Care & Landscaping Inc., Stiles Automotive Repair LLC and Empire Grille & Pub. There are also plenty of outdoor activities available at nearby Beaver Creek State Park and the Yellow Creek State Park Campground.

Wellsville (zip 43968) has an unemployment rate of 5.4%. The US average is 6.0%.

Wellsville (zip 43968) has seen the job market decrease by -1.3% 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 Wellsville (zip 43968)
- The Sales Tax Rate for Wellsville (zip 43968) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Wellsville (zip 43968) is 5.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wellsville (zip 43968)
- The average income of a Wellsville (zip 43968) resident is $21,061 a year. The US average is $28,555 a year.
- The Median household income of a Wellsville (zip 43968) resident is $55,187 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellsville, OhioUnited States
  5.46
  -5.3%-6.2%
  13.9%33.5%
  7.3%6.2%
  5.3%4.6%
  $31,548$37,638
  $55,187$69,021
  $59,853$85,028
  Population by Occupation
  0.0%1.2%
  2.5%0.5%
  5.4%6.8%
  12.4%10.0%
  0.5%2.5%
  10.7%11.0%
  3.8%4.8%
  3.1%0.8%
  1.1%1.9%
  6.0%4.7%
  2.9%1.9%
  1.1%7.6%
  0.0%0.1%
  6.5%4.2%
  2.6%9.3%
  18.0%14.0%
  3.3%2.1%
  14.8%7.0%
  5.2%4.8%
  0.2%4.7%
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