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Zip 44445 (New Waterford, OH) Economy


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44445 New Waterford, OH is a small town situated in Columbiana County with an estimated population of 1,073 people. The area is known for its rolling hills and scenic nature trails, making it an ideal spot for outdoor lovers. The 2 bedroom rent in New Waterford costs $820 per month on average, significantly lower than the US average of $1,430 per month. Grocery prices are also slightly more affordable than the country-wide average index at 99 compared to 100 across America.
The town offers a variety of local businesses including Valley Carpet & Flooring LLC, Vennilux Bedding & Furniture Store, and T&M Auto Repair & Tire Center which all provide quality goods and services to the community. Residents can also take advantage of nearby amenities such as Salem Regional Medical Center and Greenwood Farm Market for convenient access to healthcare and grocery supplies respectively. All in all, living in 44445 New Waterford carries a relatively low cost of living that provides quality services from local stores close by.

New Waterford (zip 44445) has an unemployment rate of 5.4%. The US average is 6.0%.

New Waterford (zip 44445) has seen the job market decrease by -5.3% 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 New Waterford (zip 44445)
- The Sales Tax Rate for New Waterford (zip 44445) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Waterford (zip 44445) is 4.3%. The US average is 4.6%.
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Income and Salaries for New Waterford (zip 44445)
- The average income of a New Waterford (zip 44445) resident is $29,728 a year. The US average is $37,638 a year.
- The Median household income of a New Waterford (zip 44445) resident is $57,222 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Waterford, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
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    Unlock2.1%
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