The cost of living in Springfield, OH is highly affordable. The average rent for a 2-bedroom apartment is $870 which is significantly lower than the national average of $1,430. Grocery cost index for Springfield is also lower than the national average at 93 versus 100. With its low cost of living and wide variety of local stores and businesses, Springfield is an ideal place to live or work. Local companies include Bob Evans Restaurants, Speedway LLC., and Ohio Valley Surgical Hospital. These businesses offer plenty of employment opportunities as well as competitive wages and benefits packages for those looking to settle in this area.
Springfield (zip 45506) has an unemployment rate of 5.9%. The US average is 6.0%.
Springfield (zip 45506) has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Springfield (zip 45506)
- The Sales Tax Rate for Springfield (zip 45506) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 45506) is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Springfield (zip 45506)
- The average income of a Springfield (zip 45506) resident is $23,581 a year. The US average is $37,638 a year.
- The Median household income of a Springfield (zip 45506) resident is $43,410 a year. The US average is $69,021 a year.