Zip 44505 (Youngstown, OH) Economy


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Youngstown, OH is an urban city with a population of 44505 people. It's known for its diverse culture and dynamic economy. Residents enjoy living in the city due to the affordability of two-bedroom rentals at just $820 per month compared to the national average of $1,430. The cost of living is notably lower than other parts of the country, with a grocery cost index of 94 compared to 100 in the US. Youngstown has many local businesses and amenities including the Covelli Centre which hosts concerts and events, Valley View Golf Course which offers golf courses and lessons, and Kings Family Fun Center which provides mini-golfing experiences for families. In addition, there are many restaurants such as Leo's Italian Eatery, The Soap Gallery Cafe & Artisan Market offering coffee and freshly made food, and establishments like Shakers Bar & Grill serving up American classics with a unique twist. Youngstown residents have plenty to do in their local area that everyone can enjoy.

Youngstown (zip 44505) has an unemployment rate of 7.9%. The US average is 6.0%.

Youngstown (zip 44505) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 12.5%, which is lower than the US average of 33.5%.

Tax Rates for Youngstown (zip 44505)
- The Sales Tax Rate for Youngstown (zip 44505) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Youngstown (zip 44505) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Youngstown (zip 44505)
- The average income of a Youngstown (zip 44505) resident is $19,675 a year. The US average is $37,638 a year.
- The Median household income of a Youngstown (zip 44505) resident is $32,441 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyYoungstown, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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