Montrose-Ghent, OH is a great place to live with plenty of amenities and local companies. The cost of living is lower than the US average – rental prices are around $1,170 per month for a two bedroom apartment – giving residents more bang for their buck. Grocery costs are also lower than the US average; the Grocery Cost Index is 103 in Montrose-Ghent compared to 100 in the US. Residents can find work with companies like Park Place Technologies, Swagelok Company, and Lockheed Martin. There is also plenty to do in town with restaurants, stores, parks and more. All in all, Montrose-Ghent provides a high quality of life at an affordable price point.
Montrose-Ghent has an unemployment rate of 5.7%. The US average is 6.0%.
Montrose-Ghent 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 26.4%, which is lower than the US average of 33.5%.
Tax Rates for Montrose-Ghent
- The Sales Tax Rate for Montrose-Ghent is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Montrose-Ghent 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 Montrose-Ghent
- The average income of a Montrose-Ghent resident is $65,337 a year. The US average is $28,555 a year.
- The Median household income of a Montrose-Ghent resident is $145,409 a year. The US average is $69,021 a year.