Bainbridge, OH is a small town located in southern Ohio, and is known for its rural atmosphere and friendly residents. The cost of living in Bainbridge is very affordable with a 2 bedroom rent running around $870 per month compared to the national average of $1430 per month. Grocery costs are also fairly low, with an index of 95 versus the national average of 100. This makes it an attractive option for those looking to keep their living costs low without sacrificing on amenities or quality of life.
The city has many local businesses that help contribute to its economy, including S&S Tool Company, A&R Tractor Parts Inc., and Swayzee Contractors Inc. These companies provide jobs and services to the community, while offering competitive wages and benefits to employees. With its low cost of living and abundance of local businesses, Bainbridge proves to be a great place for families and individuals alike to live comfortably at an affordable price.
Bainbridge has an unemployment rate of 4.1%. The US average is 6.0%.
Bainbridge has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Bainbridge
- The Sales Tax Rate for Bainbridge is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Bainbridge 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 Bainbridge
- The average income of a Bainbridge resident is $17,510 a year. The US average is $28,555 a year.
- The Median household income of a Bainbridge resident is $39,167 a year. The US average is $69,021 a year.