Zip 45816 (Benton Ridge, OH) Economy


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45816 Benton Ridge, OH is an ideal place to call home for those looking for a more affordable living situation. Located within close proximity to many local companies and amenities, 45816 Benton Ridge offers a variety of options for those seeking to rent. The area boasts 2 bedroom rental rates of only $890 per month, which is significantly lower than the national US average of $1,430. Additionally, the Grocery Cost Index in the area is 90, compared to 100 for the US as a whole. Some great local companies nearby include Benton Ridge Plumbing Company, Oak Grove Auto Service Center and Sam’s Country Store. Amenities near 45816 Benton Ridge include The Little Creek Golf Course, Tomahawk Trail Park and several restaurants such as Bella's Pizza and BBQ Shack. With such great features available at an affordable price point, it is no wonder that 45816 Benton Ridge has become such a desirable place to live.

Benton Ridge (zip 45816) has an unemployment rate of 4.4%. The US average is 6.0%.

Benton Ridge (zip 45816) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.

Tax Rates for Benton Ridge (zip 45816)
- The Sales Tax Rate for Benton Ridge (zip 45816) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Benton Ridge (zip 45816) is 4.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Benton Ridge (zip 45816)
- The average income of a Benton Ridge (zip 45816) resident is $22,536 a year. The US average is $28,555 a year.
- The Median household income of a Benton Ridge (zip 45816) resident is $68,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBenton Ridge, OhioUnited States
  4.46
  -4.5%-6.2%
  30.4%33.5%
  6.8%6.2%
  4.7%4.6%
  $26,217$37,638
  $68,750$69,021
  $69,913$85,028
  Population by Occupation
  1.2%1.2%
  0.3%0.5%
  2.2%6.8%
  30.8%10.0%
  0.6%2.5%
  4.9%11.0%
  5.2%4.8%
  1.2%0.8%
  1.5%1.9%
  1.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.5%4.2%
  4.0%9.3%
  8.9%14.0%
  3.4%2.1%
  19.4%7.0%
  12.3%4.8%
  0.3%4.7%
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