Medina, OH is an ideal location to live for many reasons. It has relatively low cost of living with a 2 bedroom rent of $1,130 compared to the US average of $1,430. The Grocery Cost Index in Medina is also lower than the US average at 101 versus 100. Medina is filled with great local businesses to explore including Medina Brewing Co., Wrecking Crew Bar & Grille, Tour de Donut Race, and Gallagher's Pizza. There are plenty of options for shopping with stores like Walmart Supercenter, Target, Kohl’s Department Store and more. Residents get to experience all that Medina has to offer while experiencing the comfort of a small town atmosphere.
Medina has an unemployment rate of 3.5%. The US average is 6.0%.
Medina has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Medina
- The Sales Tax Rate for Medina is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Medina is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Medina
- The average income of a Medina resident is $27,402 a year. The US average is $28,555 a year.
- The Median household income of a Medina resident is $72,688 a year. The US average is $69,021 a year.