Richmond, OH is a great place to live with affordable rent costs and local amenities. According to the given content, the average 2 bedroom rent is $960 compared to the US average of $1,430. Living in Richmond also means having access to low cost groceries with the grocery cost index being 98 versus 100 in the US. Not only does Richmond offer affordable costs of living but it is also home to a range of great companies such as North East Precast Concrete, AutoZone, and Richmond Furniture Gallery. All these companies offer competitive salaries that allow Richmond residents an enjoyable lifestyle without breaking the bank.
Richmond has an unemployment rate of 5.9%. The US average is 6.0%.
Richmond has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Richmond
- The Sales Tax Rate for Richmond is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Richmond is 3.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Richmond
- The average income of a Richmond resident is $19,952 a year. The US average is $28,555 a year.
- The Median household income of a Richmond resident is $63,571 a year. The US average is $69,021 a year.