Commercial Point, OH is a great place to live with a cost of living that is just slightly above the U.S. average. The two bedroom rent in Commercial Point is $1,270 compared to the U.S. average of $1,430 while the Grocery Cost Index is 102 compared to 100 nationally. There are some great local businesses in Commercial Point like R&J Automotive, Carpet Corner, The Feed Store Pet Supplies and Services, and Cobian's Garage Doors and Openers Inc., whose prices compare favourably against national averages for similar products or services. This makes it an attractive place to live for those looking for quality at reasonable prices.
Commercial Point has an unemployment rate of 4.2%. The US average is 6.0%.
Commercial Point has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Commercial Point
- The Sales Tax Rate for Commercial Point is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Commercial Point is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Commercial Point
- The average income of a Commercial Point resident is $29,371 a year. The US average is $28,555 a year.
- The Median household income of a Commercial Point resident is $91,250 a year. The US average is $69,021 a year.