Minerva Park, OH Economy


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Minerva Park, OH is a small but thriving suburb located near Columbus. It has an affordable cost of living, with two bedroom rent averaging $1,170 compared to the US average of $1,430. Food costs are also competitively priced with the Grocery Cost Index in Minerva Park being 98 versus 100 in the US. Popular local companies to work for in Minerva Park include the Ohio Department of Transportation, Kroger, and LuK USA LLC. The city itself offers numerous job opportunities and residents enjoy its quiet atmosphere and ease of access to downtown Columbus.

Minerva Park has an unemployment rate of 5.5%. The US average is 6.0%.

Minerva Park has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Minerva Park
- The Sales Tax Rate for Minerva Park is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Minerva Park 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 Minerva Park
- The average income of a Minerva Park resident is $32,145 a year. The US average is $28,555 a year.
- The Median household income of a Minerva Park resident is $109,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinerva Park, OhioUnited States
  5.56
  -3.5%-6.2%
  34.0%33.5%
  7.5%6.2%
  4.5%4.6%
  $39,747$37,638
  $109,063$69,021
  $111,071$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  8.5%10.0%
  3.2%2.5%
  8.2%11.0%
  2.0%4.8%
  0.4%0.8%
  4.7%1.9%
  7.9%4.7%
  3.4%1.9%
  9.4%7.6%
  0.0%0.1%
  4.2%4.2%
  11.5%9.3%
  11.4%14.0%
  1.1%2.1%
  11.1%7.0%
  1.5%4.8%
  6.5%4.7%
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