Benton Ridge, OH is a small town located in Northwest Ohio. It offers many amenities to its residents, including a variety of local businesses such as Benton Ridge Apothecary which sells locally made medications and health products, and Brewster’s Barbecue which serves delicious barbecued food. The rent for a two bedroom apartment in Benton Ridge is $920, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Benton Ridge is 90 versus 100 in the US. This means groceries here are more affordable than the national average. All of these factors make Benton Ridge an attractive place to live for families looking for reasonable housing costs and other amenities.
Benton Ridge has an unemployment rate of 4.4%. The US average is 6.0%.
Benton Ridge has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Benton Ridge
- The Sales Tax Rate for Benton Ridge is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Benton Ridge 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 Benton Ridge
- The average income of a Benton Ridge resident is $22,025 a year. The US average is $28,555 a year.
- The Median household income of a Benton Ridge resident is $68,401 a year. The US average is $69,021 a year.