Is $40k a good salary in Lima, OH?
workable A $40k salary is 38% below the median household income here ($64,038). After tax you take home about $2,768 a month, and median rent ($922) takes 33% of that.
$33,220 take-home a year
| Gross pay | $40,000 |
| Federal income tax | −$2,620 |
| Social Security + Medicare | −$3,060 |
| Ohio income tax (approx.) | −$1,100 |
| Monthly take-home | $2,768 |
| Every two weeks | $1,278 |
$44,609What $40k buys in Lima, OH, expressed in average-US prices (price level 89.7).
33%Rent share of take-home. Under 25% is comfortable, 25–35% workable, above 35% tight.
Other salaries in Lima, OH
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Median household income and rent: Census 2024 ACS 5-year. Household income covers all earners, so compare with care if you live alone. Take-home is an estimate for a single filer.