Portsmouth Metro Area, OH Economy


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United States / Ohio / Portsmouth Metro Area / Counties / Cities / Zip Codes
Portsmouth, OH Metro Area is a great place to live! It has an affordable cost of living with a two bedroom rent of only $790 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Portsmouth is 97, which is lower than the national average. There are lots of local companies and attractions for residents to enjoy. The Scioto County Courthouse is a popular historical site while Southern Ohio Medical Center is one of the area's most prominent medical centers. Other popular businesses include Sugarbush Golf Club, Ironton Prints & Framing Co., and Porters Run Golf Course. For outdoor recreation, there are plenty of parks including Shawnee State Park and Great Seal State Park. With its affordable cost of living and local attractions, Portsmouth provides an excellent quality of life for its residents.

Portsmouth Metro Area has an unemployment rate of 5.5%. The US average is 6.0%.

Portsmouth Metro Area has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Portsmouth Metro Area
- The Sales Tax Rate for Portsmouth Metro Area is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Portsmouth Metro Area is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Portsmouth Metro Area
- The average income of a Portsmouth Metro Area resident is $20,045 a year. The US average is $28,555 a year.
- The Median household income of a Portsmouth Metro Area resident is $43,266 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortsmouth, OhioUnited States
  5.56
  -1.6%-6.2%
  20.1%33.5%
  7.3%6.2%
  3.5%4.6%
  $23,958$37,638
  $43,266$69,021
  $56,997$85,028
  Population by Occupation
  0.5%1.2%
  0.6%0.5%
  7.9%6.8%
  11.3%10.0%
  1.5%2.5%
  13.4%11.0%
  4.3%4.8%
  1.5%0.8%
  0.8%1.9%
  2.5%4.7%
  1.0%1.9%
  2.4%7.6%
  0.0%0.1%
  4.2%4.2%
  9.5%9.3%
  21.8%14.0%
  0.4%2.1%
  7.1%7.0%
  5.0%4.8%
  4.4%4.7%
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