Beverly, OH is an attractive and cost-efficient place to live. The average two bedroom rent of $790 per month is much lower than the national average of $1,430. Groceries here are also very affordable with a local grocery cost index of 99 compared to the US average of 100. The area has many companies and amenities, such as Peoria Products, Glamour Hair Salon & Spa, Shaffer's Pharmacy, and Sperry Park—all providing quality services for local residents. In addition, there are numerous restaurants offering varied cuisines for every taste. With all these great features and low cost of living, Beverly makes a great place to call home.
Beverly has an unemployment rate of 5.1%. The US average is 6.0%.
Beverly has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Beverly
- The Sales Tax Rate for Beverly is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Beverly 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 Beverly
- The average income of a Beverly resident is $23,220 a year. The US average is $37,638 a year.
- The Median household income of a Beverly resident is $42,600 a year. The US average is $69,021 a year.