Mineral City, OH is a small town located about an hour from the larger city of Canton. It has a lower cost of living compared to the rest of the US, with average 2 bedroom rent at $790 and a Grocery Cost Index at 96 in comparison to the US’s 100. This makes it an attractive place for people who want to save money while still enjoying the convenience of living close to the amenities offered in Canton. The town is home to several local businesses such as Crowell Insurance Services, Hesser Auto Sales, and Bargain Corner Flea Market. Each one offers their own unique services and products which make them a great asset to Mineral City.
Mineral City has an unemployment rate of 4.5%. The US average is 6.0%.
Mineral City has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.
Tax Rates for Mineral City
- The Sales Tax Rate for Mineral City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mineral City 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 Mineral City
- The average income of a Mineral City resident is $22,593 a year. The US average is $37,638 a year.
- The Median household income of a Mineral City resident is $48,125 a year. The US average is $69,021 a year.