Paulding, OH Economy


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United States / Ohio / No Metro Area / Paulding County / Paulding / Zip Codes
Paulding, OH is a small city located in northwest Ohio and is known for its low cost of living. 2 bedroom rent in Paulding is an affordable $810 compared to the US average of $1,430. Grocery costs are even lower with the index being 90 versus 100 in the US. This makes it easy to get goods at a more economical rate. The city has several local businesses that keep its economy going such as The Paulding Putnam Electric Cooperative, Quality Iron & Metal Inc., and D&S Manufacturing Co., Inc. Overall, Paulding is a great place to live with its low cost of living and many local companies providing jobs and services for residents.

Paulding has an unemployment rate of 3.8%. The US average is 6.0%.

Paulding has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Paulding
- The Sales Tax Rate for Paulding is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Paulding is 4.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Paulding
- The average income of a Paulding resident is $25,912 a year. The US average is $37,638 a year.
- The Median household income of a Paulding resident is $46,170 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPaulding, OhioUnited States
  3.86
  -2.6%-6.2%
  23.0%33.5%
  7.3%6.2%
  4.0%4.6%
  $25,912$37,638
  $46,170$69,021
  $66,974$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  2.8%6.8%
  30.4%10.0%
  1.1%2.5%
  5.0%11.0%
  3.7%4.8%
  1.5%0.8%
  1.7%1.9%
  3.8%4.7%
  2.5%1.9%
  4.1%7.6%
  0.0%0.1%
  3.2%4.2%
  2.4%9.3%
  17.0%14.0%
  0.0%2.1%
  8.9%7.0%
  4.1%4.8%
  5.4%4.7%
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