ECONOMY Austintown, Ohio United States Unemployment Rate 5.90% 5.20% Recent Job Growth -0.19% 1.59% Future Job Growth 33.72% 37.98% Income per Cap. $22,764 $28,555 Household Income $41,601 $53,482 Family Median Income $50,807 $65,443 TAXES Sales Taxes 7.25% 6.00% Income Taxes 3.47% 4.60%
ESTIMATED HOUSEHOLD INCOMES Austintown United States Income Less Than 15K 11.70% 12.55% Income between 15K and 20K 7.00% 5.36% Income between 20K and 30K 13.65% 10.42% Income between 30K and 40K 11.31% 9.80% Income between 40K and 50K 12.60% 8.80% Income between 50K and 60K 9.35% 7.90% Income between 60K and 75K 10.09% 9.93% Income between 75K and 100K 12.02% 12.16% Income between 100K and 150K 9.90% 13.01% Income between 150K and 200K 1.32% 5.04% Income greater than 200K 1.07% 5.03%
Cost of Living
Estimated median house or condo value in 2013: $90,255 Austintown: $90,255 OH: $127,000
Mean prices in 2013:All housing units: $117,911 Detached houses: $118,252 Townhouses or other attached units: $108,304 In 2-unit structures: $107,694 In 3-to-4-unit structures: $110,373 n 5-or-more-unit structures: $324,990 Mobile homes: $58,339
Average rent in 2013: $580
63.6% of homes are owner occupied and 28.6% are rented.
For homes with mortgages, owner costs average $1,049/mo.
The median number of rooms a home has is 6.
The median age of homes in Austintown, OH is 49 years.
Occupations
Strengths and Weaknesses Strengths - Austintown has a low cost of living evidenced by low average rent, low income tax, and house prices. The unemployment rate is improving, and new development such as the racino is creating new jobs. Weaknesses- Although unemployment is improving, it is still higher than the national level. New jobs are projected to be less than other places. Incomes are also lower than the national average.