Martins Ferry, OH Economy


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Martins Ferry, OH is a great place to live for those looking for a cost-effective lifestyle. Rent for a two bedroom unit is $800, much lower than the national average of $1,430. The cost of living in Martins Ferry is also relatively low, with the Grocery Cost Index at 95 compared to 100 in the US. Those who call Martins Ferry home enjoy access to local companies like Sable Systems and Bellaire Plumbing as well as popular attractions like Victorian House Museum and Belmont Hills Country Club. With its affordability and variety of amenities, Martins Ferry has become an increasingly popular place to live.

Martins Ferry has an unemployment rate of 5.8%. The US average is 6.0%.

Martins Ferry has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.

Tax Rates for Martins Ferry
- The Sales Tax Rate for Martins Ferry is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Martins Ferry is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Martins Ferry
- The average income of a Martins Ferry resident is $21,848 a year. The US average is $28,555 a year.
- The Median household income of a Martins Ferry resident is $41,005 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMartins Ferry, OhioUnited States
  5.86
  -8.6%-6.2%
  17.5%33.5%
  7.3%6.2%
  4.2%4.6%
  $22,364$37,638
  $41,005$69,021
  $52,426$85,028
  Population by Occupation
  0.0%1.2%
  7.2%0.5%
  2.8%6.8%
  9.8%10.0%
  5.3%2.5%
  18.6%11.0%
  5.9%4.8%
  0.1%0.8%
  1.0%1.9%
  6.5%4.7%
  1.3%1.9%
  2.2%7.6%
  0.7%0.1%
  3.7%4.2%
  2.1%9.3%
  11.3%14.0%
  0.4%2.1%
  11.9%7.0%
  7.2%4.8%
  2.1%4.7%
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