Kenton, OH is a small city located in Hardin County. It provides a peaceful and friendly atmosphere for its citizens, as well as an affordable cost of living. The average monthly rent for a two bedroom apartment is only $780, much cheaper than the US average of $1,430. Additionally, the Grocery Cost Index for Kenton is 91 versus 100 for the US which means groceries are even more affordable here. There are also many businesses located in Kenton such as First Financial Bank, Hometown Pharmacy and Hardin Co-Op Farm Supply. All these features make Kenton an attractive place to live for those on a budget who don't want to sacrifice quality of life.
Kenton has an unemployment rate of 4.5%. The US average is 6.0%.
Kenton has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 18.7%, which is lower than the US average of 33.5%.
Tax Rates for Kenton
- The Sales Tax Rate for Kenton is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Kenton is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kenton
- The average income of a Kenton resident is $18,017 a year. The US average is $28,555 a year.
- The Median household income of a Kenton resident is $42,731 a year. The US average is $69,021 a year.