The $100,000 Salary Analysis for Canton

This analysis strips away the hype. A $100,000 salary in Canton, OH is a solid income, but it is subject to significant deductions before it hits your bank account. We focus on purchasing power—what your money actually buys locally—not the headline number.

1. The Verification Test

Here is the breakdown of a $100,000 gross salary. This assumes you are filing as a single filer taking the Standard Deduction.

• Gross Salary: $100,000
• Federal Tax: ~$13,938 (Marginal rate: 24%)
• FICA (Social Security/Medicare): $7,650
• Ohio State Tax: ~$3,150 (Est. 3.5% effective rate; progressive rates up to 3.75%)

Net Pay (Take-Home): ~$75,262

• Monthly Net Pay: ~$6,272

2. Smart Budget (50/30/20)

Using your $6,272 monthly net pay, here is the realistic allocation.

Needs (50%): $3,136

• Rent (1BR Avg): $690
• Utilities (Heat/Elec/Water): $200
• Groceries: $400
• Auto (Payment/Ins/Gas): $600 (Public transit in Canton is limited; a car is mandatory)
• Health Insurance (Employer Share): $300
• Remaining for Needs: $946 (Buffer for maintenance, cleaning supplies, copays)

Wants (30%): $1,881

• Dining out, entertainment, subscriptions, shopping.

Savings (20%): $1,254

• Retirement contributions (401k), emergency fund, or debt repayment.

3. Canton Tax Context

Ohio functions as a High-Tax State compared to the national average, though not at the levels of California or New York.

• Vs. No-State-Tax (Texas/Florida): In Texas, your Net Pay would be roughly $86,000 (approx $10,700 more in your pocket annually).
• Vs. High-Tax (California/NY): In California, your Net Pay would be roughly $69,000 (approx $6,200 less than Ohio).

Verdict: You lose significant nominal income to Ohio taxes, but the local cost of living (specifically rent) absorbs that difference.

4. FAQ

"Is $100k good here?"
Yes. The median household income in Stark County is roughly $56,000. At $100k, you are in the top tier of earners locally. Your purchasing power is high because housing costs are well below the national median.

"Local income tax?"
Yes. Canton has a local income tax rate of 2.0% for residents. If you work in Canton but live elsewhere, you pay 2.5%. This is deducted from your paycheck or paid via year-end settlement. This is distinct from your Ohio State tax.