Russells Point, OH is a small town located in the heart of Ohio. It has a population of around 2,000 people and offers an excellent quality of life for those looking for a peaceful atmosphere away from the hustle and bustle of larger cities. The average rent for a two-bedroom apartment is only $850, making it an affordable place to live. In addition to low housing costs, grocery prices are also very reasonable with a grocery cost index of 94 compared to the US index of 100.
Local businesses in Russells Point include Robinhood Marina, Bayshore Family Restaurant and Ice Cream Parlor, Big Twin Lake Resort & Campground, Pine Lakes Golf Club, Russell's Point Marine Services Inc., Lakeview Antiques & Collectibles. There are also plenty of local shops and eateries offering unique products or experiences to residents.
All in all, Russells Point offers a pleasant and affordable lifestyle that is perfect for those looking for more rural surroundings with lots of recreational opportunities nearby. With its low housing costs and reasonable grocery prices, living here can be quite economical compared to other parts of Ohio.
Russells Point has an unemployment rate of 3.8%. The US average is 6.0%.
Russells Point has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for Russells Point
- The Sales Tax Rate for Russells Point is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Russells 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 Russells Point
- The average income of a Russells Point resident is $16,706 a year. The US average is $28,555 a year.
- The Median household income of a Russells Point resident is $33,092 a year. The US average is $69,021 a year.