Grand River, Ohio is a small city located on the Grand River in Ashtabula County. It is a great place for people seeking an affordable cost of living in a quiet suburban area. With a two bedroom rent of only $1,090 compared to the US average of $1,430 it is clear that it is an affordable option for those looking to rent or buy property. Grocery costs are also much lower than the national average making it easier to feed your family and keep more money in your pocket.
The city has many local companies offering jobs and services such as Grand River Manufacturing Company, Grand River Motors, and Granny & Pa's Produce Market. It is also close to larger cities such as Cleveland and Buffalo which makes commuting easy. All in all, Grand River is an ideal location for those who are seeking an affordable cost of living yet still want access to larger cities with more job opportunities.
Grand River has an unemployment rate of 4.5%. The US average is 6.0%.
Grand River has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Grand River
- The Sales Tax Rate for Grand River is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand River is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Grand River
- The average income of a Grand River resident is $21,349 a year. The US average is $28,555 a year.
- The Median household income of a Grand River resident is $71,354 a year. The US average is $69,021 a year.