Genoa, OH is a small town located in Northwest Ohio. It is known for its quaint atmosphere, with several local businesses and restaurants. The cost of living in Genoa is affordable, with 2 bedroom rent averaging $900 compared to the national average of $1,430. The grocery cost index in Genoa is also lower than the national average at 93 versus 100. Some of the local companies that are popular here include Octane Bar & Grill, Big Boar BBQ Co., Genoa Auto Clinic and Fuel On Fire. All of these establishments offer delicious food and services for the people of Genoa.
Genoa has an unemployment rate of 6.3%. The US average is 6.0%.
Genoa has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Genoa
- The Sales Tax Rate for Genoa is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Genoa is 5.0%. The US average is 4.6%.
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Income and Salaries for Genoa
- The average income of a Genoa resident is $29,212 a year. The US average is $37,638 a year.
- The Median household income of a Genoa resident is $57,609 a year. The US average is $69,021 a year.