Portage, OH is a small city located in the northeast of Ohio with a population of about 34,000 residents. It is known for its affordable housing and cost of living, as evidenced by the 2 bedroom rent being $890 - much lower than the US average of $1,430. The grocery cost index in Portage is also quite low at 93 compared to the national average of 100. Companies that can be found in Portage include companies such as Wal-Mart Supercenter, Lowe's Home Improvement Store, and IGA Grocery Store. Other popular local establishments include several restaurants, gas stations, banks and pharmacies.
Portage has an unemployment rate of 4.2%. The US average is 6.0%.
Portage has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.
Tax Rates for Portage
- The Sales Tax Rate for Portage is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Portage 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 Portage
- The average income of a Portage resident is $24,041 a year. The US average is $28,555 a year.
- The Median household income of a Portage resident is $49,600 a year. The US average is $69,021 a year.