Kent, OH (Zip 44240) is an attractive location for renters and families alike. The two bedroom rent in the area is $1,070, which is significantly lower than the US average of $1,430. The grocery cost index in this area is 97 versus 100 in the US. This makes it an affordable option for those who need more space at a reasonable price. Local companies such as Boss ProKarting Kent and Great Lakes Cheese Company are also located in Kent, OH and provide employment opportunities for its residents.
Kent (zip 44240) has an unemployment rate of 4.6%. The US average is 6.0%.
Kent (zip 44240) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Kent (zip 44240)
- The Sales Tax Rate for Kent (zip 44240) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Kent (zip 44240) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kent (zip 44240)
- The average income of a Kent (zip 44240) resident is $32,831 a year. The US average is $37,638 a year.
- The Median household income of a Kent (zip 44240) resident is $54,272 a year. The US average is $69,021 a year.