Findlay has a cost of living that is on par with Ohio's average and is about nine percent less expensive than the national average. Low housing costs contribute to the area's affordability. Residents can expect to spend about 31 percent less on housing than the national average and seven percent less than the state average. Other affordable indices include transportation (91) and health care (97).
According the U.S. Census, Findlay's median household income was $42,901 between 2009 and 2013. The state median household income was $48,308 during the same period. Since Findlay has the same cost of living as Ohio, residents may have less buying power due to lower wages.
Findlay, Ohio Job Opportunities
Several of Findlay's largest employers are major corporations that offer local and national positions. These employers include Coop Tire & Rubber Company, Marathon Petroleum, and Whirlpool Corporation. Since these are global companies, people with the proper backgrounds can pursue customer service rep jobs.
Residents with backgrounds in education may want to apply for jobs with Findlay City Schools or the University of Findlay, both of which are among the area's top ten employers.
Findlay, Ohio Employment Trends
Findlay experienced a rapid increase in unemployment between 2007 and 2009. Before the recession, unemployment hovered around five percent and it peaked in September 2009 at 11.2 percent. Since then, Findlay's unemployment rate has improved considerably. In April 2015, the area had a 3.5 percent unemployment rate, which is about 1.6 percent lower than the nation's rate.
Unlike many cities, Findlay has managed to improve its employment opportunities. Today, unemployment is actually lower than it was before the recession.