Stony Ridge, OH is an excellent place to live. It is a small community with a close-knit feel and friendly locals. Though the population size is not given, it's reasonable to assume that the cost of living here is lower than in other areas due to the small size. The average two bedroom rent in Stony Ridge is $1,200 per month, which is substantially lower than the national average of $1,430 per month. Additionally, the grocery cost index in Stony Ridge is 96 compared to 100 in the US, making food more affordable for locals.
Stony Ridge has several local companies such as Stony Ridge Hardware & Supply Co., Johnson Farms Produce Market and Smith's Garage. These businesses provide services and products to those living in or visiting Stony Ridge and help contribute to its economy.
Stony Ridge has an unemployment rate of 4.2%. The US average is 6.0%.
Stony Ridge has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Stony Ridge
- The Sales Tax Rate for Stony Ridge is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Stony Ridge 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 Stony Ridge
- The average income of a Stony Ridge resident is $23,194 a year. The US average is $28,555 a year.
- The Median household income of a Stony Ridge resident is $61,775 a year. The US average is $69,021 a year.