Industry and Economics:
Local Restaurants:
- The Falcon Foundry:
- Address: 96th 6th St
- Phone Number: (330) 536-6221
- Established in 1953, but its history extends far before this
- Creates castings used in smelting, iron making, electric steel making, and other heavy industries
- Pine Hollow Springs Bottling Co.:
- Address: 5431 NewCastle Rd.
- Phone Number: (330) 536-8283
- Provides over 300 million gallons of product per year
- Open 5 days/week through the winter
- Open 7days/week through the summer
- Provides natural Artesian water to Ohio, Pennsylvania, and West Virginia
Local Restaurants:
- Carchedi's Family Style Restaurant:
- Address: 30 E Water St.
- Phone Number: (330) 536-8128
- Hours: Monday-Saturady 8am-9pm
- Serves authentic Italian food to the citizens of Lowellville
- The Station Grille at Mellilo's Tavern:
- Address: 300 E Liberty St.
- Phone Number: (330) 536-9207
- Hours: Monday-Sunday 1pm-9pm
- Serves authentic Italian food and spirits to the citizens of Lowellville
- L'uva Bella Winery and Bistro:
- Address: 6597 Center Rd.
- Phone Number: (330) 536-6450
- Hours: Wednesday-4pm-10pm; Thursday-Saturday-11am-11pm
Employment:
Economy Statistics:
Lowellville United States
Lowellville United States
Taxes:
Lowellville United States
Estimated Household Income:
Lowellville United States
Population by Occupation:
Strengths: A strength is that there are local businesses and factories are operated in this local area, which makes travel easy for some that work and live in this area. The cost of living is lower than most of the country. An opportunity that was offered to The Village of Lowellville has been awarded a grant of $500,000, in 2015 for the construction of an industrial road that will allow access to thirteen developable acres, the location has the potential to expand an additional eighty acres as growth permits. Industrial parks are proven economic drivers for communities, most often businesses make decisions about site selection by choosing to locate in areas with immediate availability of infrastructure and affordable land.
Weaknesses: There is a higher percentage of lower income families in this area. Recent job grow is negative in this area. The sales and income taxes are higher in this area than the United States average.
Sources:
http://www2.census.gov/geo/pvs/bas/bas13/st39_oh/incplace/p3945178_lowellville/BAS13P13900045178_001.pdf
http://www.areavibes.com/lowellville-oh/employment/
http://www.bestplaces.net/economy/city/ohio/lowellville
http://www.city-data.com/city/Lowellville-Ohio.html
http://factfinder.census.gov/faces/nav/jsf/pages/community_facts.xhtml
http://www.homefacts.com/demographics/Ohio/Mahoning-County/Lowellville/44436.html
http://www.villageoflowellville.com/
- Lowellville compared to Ohio state average:
- Median household income below state average.
- The unemployment rate in Lowellville is 5.90 percent(U.S. avg. is 5.20%).
- Recent job growth is Negative.
- Lowellville jobs have Decreased by 0.19 percent. Percentage significantly below state average.
Economy Statistics:
Lowellville United States
- Income per capita $17,253 $28,555
- Household Income $37,833 $53,482
- Unemployment Rate 8.4% 5.8%
- Poverty Level 16.9% 15.6%
- Recent Job Growth -0.19% 1.59%
- Future Job Growth 33.72% 37.98
Lowellville United States
Taxes:
- Sales 7.25% 6.00%
- Income 5.22% 4.60%
Lowellville United States
Estimated Household Income:
- Income less than 15K 20.64% 12.55%
- Income between 15K & 20K 7.73% 5.36%
- Income between 20K & 30K 13.41% 10.42%
- Income between 30K & 40K 11.36% 9.80%
- Income between 40K & 50K 12.27% 8.80%
- Income between 50K & 60K 7.96% 7.90%
- Income between 60K & 75K 10.91% 9.93%
- Income between 75K & 100K 9.32% 12.16%
- Income between 100K & 150K 6.36% 13.01%
- Income between 150K & 200K 0.23% 5.04%
- Income greater than 200K 0.00% 5.03%
Lowellville United States
Population by Occupation:
- Production, transport/material moving 18.50% 12.09%
- Sales, office, admin. support 18.09% 24.36%
- Construction, maintenance/repair 14.23% 8.24%
- Management, business, finance 10.57% 14.54%
- Food preparation, serving 10.16% 5.76%
- Education/library 7.32% 6.13%
- Personal care 4.68% 3.65%
- Healthcare support 3.25% 2.51%
- Healthcare practitioners and technology 3.05% 5.67%
- Engineering, computers, science 2.85% 5.34%
- Building Maintenance 2.85% 4.01%
- Firefighters, law enforcement 2.03% 2.23%
- Community Social Services 1.22% 1.67%
- Arts, design, media/sports/entertainment 1.22% 1.91%
Strengths: A strength is that there are local businesses and factories are operated in this local area, which makes travel easy for some that work and live in this area. The cost of living is lower than most of the country. An opportunity that was offered to The Village of Lowellville has been awarded a grant of $500,000, in 2015 for the construction of an industrial road that will allow access to thirteen developable acres, the location has the potential to expand an additional eighty acres as growth permits. Industrial parks are proven economic drivers for communities, most often businesses make decisions about site selection by choosing to locate in areas with immediate availability of infrastructure and affordable land.
Weaknesses: There is a higher percentage of lower income families in this area. Recent job grow is negative in this area. The sales and income taxes are higher in this area than the United States average.
Sources:
http://www2.census.gov/geo/pvs/bas/bas13/st39_oh/incplace/p3945178_lowellville/BAS13P13900045178_001.pdf
http://www.areavibes.com/lowellville-oh/employment/
http://www.bestplaces.net/economy/city/ohio/lowellville
http://www.city-data.com/city/Lowellville-Ohio.html
http://factfinder.census.gov/faces/nav/jsf/pages/community_facts.xhtml
http://www.homefacts.com/demographics/Ohio/Mahoning-County/Lowellville/44436.html
http://www.villageoflowellville.com/