Zip 43542 (Monclova, OH) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Ohio / Toledo Metro Area / Lucas County / No City / Monclova (zip 43542)
Monclova, Ohio is an unincorporated community located in Lucas County. It is situated between Toledo and Maumee, giving it easy access to a wide variety of businesses and amenities. The 2 bedroom rent in Monclova is $970 which is significantly lower than the national average of $1,430 for comparable housing. Additionally, the Grocery Cost Index in Monclova has been recorded at 100 versus 100 at a national level. The convenience of living in Monclova makes it ideal for residents looking for affordability without sacrificing access to quality goods and services.
The local economy in Monclova is supported by a number of businesses such as Sawmill Creek Golf Course, Abuelo's Mexican Restaurant, Monclova Automotive, and Countryside Veterinary Clinic. These establishments provide jobs to many locals while contributing to the tax base that funds services such as schools and public safety. In addition to these businesses there are also several retail stores including Kroger’s Grocery Store and Walmart Supercenter which supply residents with their everyday needs in a convenient location. With its convenient location and affordable housing prices, Monclova provides an attractive environment for both businesses and residents alike

Monclova (zip 43542) has an unemployment rate of 6.0%. The US average is 6.0%.

Monclova (zip 43542) has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.

Tax Rates for Monclova (zip 43542)
- The Sales Tax Rate for Monclova (zip 43542) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Monclova (zip 43542) is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Monclova (zip 43542)
- The average income of a Monclova (zip 43542) resident is $58,609 a year. The US average is $37,638 a year.
- The Median household income of a Monclova (zip 43542) resident is $143,145 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMonclova, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.