Stark County · Ohio · Midwest · 70k residents
Canton, OH: economy, jobs & business costs
The site-selection read on Canton: labor costs, talent, corporate tax, energy, and business activity, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,103/wk. Ohio's corporate income tax rate is 0%. Commercial electricity averages 10.7¢/kWh.
Compare Canton side by side
Avg. weekly wage
$1,103/wk
Corporate income tax
0%
Bachelor's degree or higher
16.4%
Commercial electricity
10.7¢/kWh
Economic momentum
How fast Canton's economy is moving, ranked against the US cities we track.
17/100
Cooling
Ranks Canton's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $97,800 |
| Price per sq. ft. | $145 |
| Property tax rate | 1.5% |
| 1-bedroom rent | $648/mo |
| 2-bedroom rent | $862/mo |
| State & local income tax | 3.91% |
| Sales tax | 7.25% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,103/wk |
| Bachelor's degree or higher | 16.4% |
| Commercial electricity | 10.7¢/kWh |
| Businesses per 1k residents | 25.6/1k |
| Wage: Software developer | $105,500 |
| Wage: Registered nurse | $79,610 |
| Wage: General manager | $82,720 |
| Wage: Customer service | $44,430 |
| Wage: Warehouse worker | $34,500 |
| Wage: Heavy truck driver | $57,580 |
| Wage: Electrician | $61,320 |
| Wage: Retail salesperson | $29,480 |
| Cost of living index | 72 |
| Groceries index | 95 |
| Utilities | $160/mo |
| Transit pass | $60/mo |
| Gas price | $3.15/gal |
| Healthcare index | 95 |
| Childcare (per child) | $950/mo |
| Median household income | $43,188 |
| Unemployment rate | 3.9% |
| Population | 70k |
| Crime index | 45/100 |
| School rating | 5.8/10 |
| Walkability | 34/100 |
| Disaster risk | 88/100 |
| Avg. commute | 24 min |
| Sunny days / year | 175 days |
| July high | 84°F |
| January low | 20°F |
| Annual snowfall | 47 in |
| Home price YoY | +5.1% |
| Home price MoM | +0.3% |
| Rent YoY | +3.6% |
| Rent MoM | +0.5% |
| Employment (jobs) YoY | -0.6% |
| Building permits YoY | -55.2% |
| Ocean coast | 364 mi |
| Big lake | 51 mi |
| Mountains | 175 mi |
| Major airport | 49 mi |
| Ski resort | 122 mi |
Popular comparisons
Nearby
- Massillon, OH · 32k
- North Canton, OH · 18k
- Green, OH · 27k
- Alliance, OH · 21k
- Akron, OH · 189k
Similar size
- Lorain, OH · 65k
- Hamilton, OH · 63k
- Parma, OH · 80k
- Youngstown, OH · 59k
- Springfield, OH · 58k
Real listings in Canton
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Canton a good place to run a business?
- Ohio's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,103/wk; commercial electricity averages 10.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Canton, OH?
- Canton indexes at 72 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $862/mo and a acs median home value of $97,800.
- How much does a house cost in Canton?
- The acs median home value in Canton is $97,800 (Census ACS estimate; individual listings vary).
- How much is rent in Canton?
- A two-bedroom in Canton rents for about $862/mo.