45347 New Paris, OH is a small town located in Preble County. It has a small population of about 3000 people and is within easy driving distance from larger cities like Dayton and Cincinnati. The cost of living in the area is quite low, with 2 bedroom rental properties costing around $830 per month. This is much lower than the US average rent of $1,430 for similar properties. Grocery prices are also quite affordable in the area, with an index of 95 compared to 100 for the US in general.
The local economy relies mainly on agriculture and manufacturing-based businesses such as Delphi Electronics & Safety Systems, Amsted Rail Company Inc., and Cummins Power Generation Inc. Other local companies include The Plum Creek Group LLC, Kelsy-Talbot Manufacturing Co., MasterCraft Boats Inc., Holiday RV Superstores Inc., Butler Industries Ltd., and PowerTec Industrial Motors Co.
New Paris (zip 45347) has an unemployment rate of 3.7%. The US average is 6.0%.
New Paris (zip 45347) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 30.8%, which is lower than the US average of 33.5%.
Tax Rates for New Paris (zip 45347)
- The Sales Tax Rate for New Paris (zip 45347) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Paris (zip 45347) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for New Paris (zip 45347)
- The average income of a New Paris (zip 45347) resident is $27,015 a year. The US average is $37,638 a year.
- The Median household income of a New Paris (zip 45347) resident is $57,266 a year. The US average is $69,021 a year.