Economy in Mentor, Ohio
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Economy
| Unemployment Rate | 6.90% | 9.10% |
| Recent Job Growth | 0.93% | -0.12% |
| Future Job Growth | 34.96% | 31.25% |
| Sales Taxes | 6.25% | 6.80% |
| Income Taxes | 8.87% | 6.25% |
| Income per Cap. | $30,263 | $27,067 |
| Household Income | $67,016 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.80% | 12.10% |
| Income between 15K and 25K | 6.12% | 10.18% |
| Income between 25K and 35K | 9.13% | 10.56% |
| Income between 35K and 50K | 14.54% | 14.98% |
| Income between 50K and 75K | 22.84% | 19.53% |
| Income between 75K and 100K | 17.47% | 12.52% |
| Income between 100K and 150K | 18.99% | 12.14% |
| Income between 150K and 250K | 3.79% | 3.91% |
| Income between 250K and 500K | 2.07% | 3.34% |
| Income greater than 500K | 0.25% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.99% | 13.81% |
| Professional and Related Occupations | 24.97% | 22.68% |
| Service | 11.58% | 14.51% |
| Sales and Office | 28.48% | 25.22% |
| Farming, Fishing, and Forestry | 0.07% | 0.68% |
| Construction, Extraction, and Maintenance | 6.52% | 9.37% |
| Production, Transportation, and Material Moving | 18.13% | 15.86% |
The unemployment rate in Mentor, OH, is 6.90%, with job growth of 0.93%. Future job growth over the next ten years is predicted to be 34.96%.
Mentor, OH Taxes
Mentor, OH,sales tax rate is 6.25%. Income tax is 8.87%.
Mentor, OH Income and Salaries
The income per capita is $30,263, which includes all adults and children. The median household income is $67,016.
Mentor Economy SperlingViews
statistical rankings: The City of Mentor ranks 7th in the state of Ohio interms of the number of manufacturing firms, and 10th in terms of the number of individuals involved in manufacturing... (read more)Climate: Snows from about October or November until approximately mid-to-late March, though one year it snowed until nearly June! Used to have four distinct seasons, but now... (read more)Mentor - Great Place to Raise a Family: This city is a safe place to raise a family. The schools are "top notch", the neighborhoods are friendly and home prices are reasonable. My husband and I have lived in... (read more)Have an opinion about Mentor? Leave a commentTo See All SperlingViews for Mentor Click Here
