Economics of New Middletown:
Employment Levels:
Manufacturing in New Middletown, Ohio:
Income Levels:
- Unemployment rate = 6%
- Recent job growth = .54%
- Breakdown of types of employment:
- White and Blue-Collar Manufacturing = 23%
- Retail Trade = 13%
- Construction = 11%
- Public Administration = 9%
- Other Services (other than public administration) = 6%
- Wholesale Trade = 5%
- Administrative/public support/waste management services = 5%
- Top employers/companies in the area:
- Venezia Hauling, Inc. (6017 E Calla Rd, New Middletown, OH 44442)
- CRST Malone (Flatbed hauling) (4708 Oxford Station Rd, New Middletown, OH 44442)
- Pizza Hut (8535 South Ave, Poland, OH 44514)
Manufacturing in New Middletown, Ohio:
- Hitch-Hiker Manufacturing
- 10065 Rapp Rd, New Middletown, OH 44442
- Established in 1969
- Makes concession trailers
- C.C. Ironworks
- 10613 Main St, New Middletown, OH 44442
- Established in 2000
- Builds commercial smokers, rotisseries, and gas grills
- Control System Manufacturing, LTD
- 10725 Struthers Rd, New Middletown, OH 44442
- Established in 2003
- Design and production of electric and industrial controls
Income Levels:
- Tax Rates that affect income:
- Sales tax rate = 7.00%
- Income tax = 4.76%
- Income per capita = $30,421
- Median household income = $52,400.
- Estimated Incomes by Household:
- Income less than 15K = 7.7%
- Income between 15K and 20K = 5.85%
- Income between 20K and 30K = 14.18%
- Income between 30K and 40K = 10.82%
- Income between 40K and 50K = 8.68%
- Income between 50K and 60K = 16.67%
- Income between 60K and 75K = 9.78%
- Income between 75K and 100K = 10.42%
- Income between 100K and 150K = 13.42%
- Income between 150K and 200K = 1.45%
- Income greater than 200K = 1.04%
Assets:
- There has been an increase in jobs in the village.
- The village is home to three major local businesses that have been in business for more than 70 combined years.
- The village is well balanced and has jobs for people with any range of knowledge.
Deficits:
- Unemployment rate is higher than the state average.
- More than 40 percent of the village makes less than the state's average income.
- While there are some major local businesses in the area, they only account for a small percentage of the job opportunities in the village.