Trotwood, OH is a town located in Montgomery County with a population of 24,431. It has a cost of living index that is 8% lower than the US average. The 2 bedroom rent in Trotwood is $910 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index is 94 versus 100 in the US, making groceries more affordable in Trotwood. Local companies such as United Food and Commercial Workers Union Local 1099 are present here. This union provides representation for workers employed by various food and retail employers throughout Ohio. GE Aviation is another important local employer that manufactures engines and components for military and commercial aircrafts. There are also many small businesses located in Trotwood like Phyllis’ Bake Shoppe which serves delicious homemade goods to its customers from scratch daily since 1974.
Trotwood (zip 45426) has an unemployment rate of 6.2%. The US average is 6.0%.
Trotwood (zip 45426) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Trotwood (zip 45426)
- The Sales Tax Rate for Trotwood (zip 45426) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Trotwood (zip 45426) is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing ºÚÁÏÉçÇø.
Income and Salaries for Trotwood (zip 45426)
- The average income of a Trotwood (zip 45426) resident is $26,326 a year. The US average is $37,638 a year.
- The Median household income of a Trotwood (zip 45426) resident is $39,647 a year. The US average is $69,021 a year.