Kent, OH Economy


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Kent, OH is a great place to live with a number of local companies, job opportunities and an affordable cost of living. At just $1,060 for a two bedroom rental, it is well below the US average of $1,430. Moreover, grocery costs are also lower in Kent – the Grocery Cost Index is 97 compared to 100 in the US. There are multiple businesses located in Kent including Kool Kone ice cream shop, Just Pizza & Subs restaurant and John’s Automotive Services. In addition to that, various job opportunities exist in Kent such as Health Care Management Assistant at Summa Health System and Accounting Intern at Accountemps. All things considered, Kent OH offers an amazing balance between job opportunities and cost of living making it an ideal place to work and live.

Kent has an unemployment rate of 4.6%. The US average is 6.0%.

Kent 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 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Kent
- The Sales Tax Rate for Kent is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Kent is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Kent
- The average income of a Kent resident is $19,207 a year. The US average is $28,555 a year.
- The Median household income of a Kent resident is $36,799 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKent, OhioUnited States
  4.66
  -5.3%-6.2%
  29.3%33.5%
  7.3%6.2%
  5.5%4.6%
  $25,446$37,638
  $36,799$69,021
  $86,097$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  4.5%6.8%
  10.4%10.0%
  1.1%2.5%
  12.6%11.0%
  1.7%4.8%
  0.8%0.8%
  1.8%1.9%
  2.4%4.7%
  1.5%1.9%
  6.0%7.6%
  0.1%0.1%
  3.1%4.2%
  16.1%9.3%
  11.3%14.0%
  2.7%2.1%
  17.1%7.0%
  4.3%4.8%
  1.2%4.7%
Reviews for Kent
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Over 2 years ago

We returned to Kent after several decades. Disappointed and looking to move out. If you like tons of roadside litter and crumbling rental properties, then this is the  More

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Over 15 years ago

Kent is a great community which has a lot of character. Kent has an interesting history and great Educational community. Kent was my home for 23 years and I often wish  More

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Over 16 years ago

I have lived in Kent for 10 years have witnessed a steady but sharp decline in the quality of life here. First off, violent crime rose 101% in 2007. Second, most  More

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