Portage County, OH Economy


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United States / Ohio / Akron / Portage County / Cities / Zip Codes
Portage, OH County is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rent at $1,030 is much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Portage County is 98 versus 100 in the US. This makes it an ideal location to set down roots and enjoy life. The area has many businesses that cater to the needs of residents such as Walmart, Lowe's, and Target. Additionally, there are plenty of local restaurants like Fazoli's and Applebee's for a tasty meal out on the town. For fun activities without breaking the bank Portage County offers hiking trails and swimming pools open to locals for a minimal fee. Overall this county provides a low cost of living with plenty of things to do for everyone in the family.

Portage County has an unemployment rate of 4.8%. The US average is 6.0%.

Portage County 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 26.4%, which is lower than the US average of 33.5%.

Tax Rates for Portage County
- The Sales Tax Rate for Portage County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Portage County is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Portage County
- The average income of a Portage County resident is $25,926 a year. The US average is $28,555 a year.
- The Median household income of a Portage County resident is $64,163 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortage, OhioUnited States
  4.86
  -5.3%-6.2%
  26.4%33.5%
  7.3%6.2%
  3.5%4.6%
  $34,290$37,638
  $64,163$69,021
  $84,778$85,028
  Population by Occupation
  0.8%1.2%
  0.4%0.5%
  7.6%6.8%
  16.3%10.0%
  2.6%2.5%
  11.7%11.0%
  3.9%4.8%
  0.8%0.8%
  1.2%1.9%
  3.8%4.7%
  1.3%1.9%
  5.6%7.6%
  0.1%0.1%
  3.6%4.2%
  10.9%9.3%
  12.6%14.0%
  1.6%2.1%
  7.9%7.0%
  4.5%4.8%
  2.7%4.7%
Health