Alvada, OH is a small town located in Seneca County, with a population of approximately 441 people. The cost of renting a two bedroom apartment is $870, which is significantly lower than the US average of $1,430. This makes Alvada an attractive place for those searching for an affordable living option. Grocery costs in Alvada have an index score of 92 compared to 100 in the US.
The local economy primarily consists of a variety of businesses ranging from auto repair shops to home services and construction companies. Notable businesses include Hartman's Auto Repair, Rietz Construction Co., and Funky Monkey Home Services. All three are family-owned businesses that have served the Alvada community for many years. Other local companies include Boose Storage & Logistical Services, Seneca Realty Group LLC., and Goggin Heating & Cooling. With its low cost of living and vibrant local economy, Alvada offers residents and visitors alike a great place to live and work.
Alvada (zip 44802) has an unemployment rate of 4.4%. The US average is 6.0%.
Alvada (zip 44802) has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 25.4%, which is lower than the US average of 33.5%.
Tax Rates for Alvada (zip 44802)
- The Sales Tax Rate for Alvada (zip 44802) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Alvada (zip 44802) is 4.5%. The US average is 4.6%.
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Income and Salaries for Alvada (zip 44802)
- The average income of a Alvada (zip 44802) resident is $32,386 a year. The US average is $37,638 a year.
- The Median household income of a Alvada (zip 44802) resident is $69,208 a year. The US average is $69,021 a year.