New Lexington, OH is a small city with a population of 4,376. It has an affordable cost of living for families, with 2 bedroom rent being only $800 compared to the US average of $1,430. Additionally, the Grocery Cost Index in the area is 94 compared to 100 in the US. Because of this, New Lexington is an ideal place for families looking to save money on daily expenses. There are many local companies that offer excellent services such as Ted's Market which provides groceries and fresh produce at reasonable prices; Marcum Plumbing & Heating which offers quality plumbing and heating services; and The Center for Family Health which provides comprehensive medical care and health education resources.
New Lexington (zip 43764) has an unemployment rate of 5.5%. The US average is 6.0%.
New Lexington (zip 43764) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for New Lexington (zip 43764)
- The Sales Tax Rate for New Lexington (zip 43764) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for New Lexington (zip 43764) 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 New Lexington (zip 43764)
- The average income of a New Lexington (zip 43764) resident is $25,357 a year. The US average is $37,638 a year.
- The Median household income of a New Lexington (zip 43764) resident is $46,138 a year. The US average is $69,021 a year.