Kenwood, OH is a charming suburb located near Cincinnati. The cost of living in Kenwood is slightly lower than the US average, with average rent for a two bedroom being $1,300 compared to $1,430 nationwide. The grocery cost index is also lower than the US rate at 101 versus 100. Popular companies located in Kenwood include Alliant Technologies, Value City Furniture, and Nielsen Media Research. Shopping centers such as Tri-County Mall and Kenwood Towne Centre provide great shopping experiences, while delicious restaurants like Cooper’s Hawk Winery & Restaurant and Omar’s Lebanese Cuisine give locals plenty of dining options. All of this adds up to make Kenwood an affordable place to live that has something for everyone.
Kenwood has an unemployment rate of 4.4%. The US average is 6.0%.
Kenwood 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 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Kenwood
- The Sales Tax Rate for Kenwood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kenwood 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 Kenwood
- The average income of a Kenwood resident is $44,221 a year. The US average is $28,555 a year.
- The Median household income of a Kenwood resident is $95,590 a year. The US average is $69,021 a year.