Zip 44440 (Mineral Ridge, OH) Economy


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44440 Mineral Ridge, OH is a great location for anyone looking for an affordable place to live. The 2 Bedroom Rent in the area is only $790, which is significantly lower than the US average of $1,430. Groceries are also more affordable in 44440 Mineral Ridge, OH. The Grocery Cost Index there is 96 compared to 100 in the US. This makes it a great option for those who are trying to save money. There are several local businesses located in 44440 Mineral Ridge, OH such as Walmart Supercenter, Giant Eagle Supermarket, and Discount Drug Mart. Additionally, there are plenty of resources available to residents including the Youngstown-Warren Regional Chamber and the Portage County Department of Job & Family Services.

Mineral Ridge (zip 44440) has an unemployment rate of 6.4%. The US average is 6.0%.

Mineral Ridge (zip 44440) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 13.2%, which is lower than the US average of 33.5%.

Tax Rates for Mineral Ridge (zip 44440)
- The Sales Tax Rate for Mineral Ridge (zip 44440) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mineral Ridge (zip 44440) 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 Mineral Ridge (zip 44440)
- The average income of a Mineral Ridge (zip 44440) resident is $27,451 a year. The US average is $28,555 a year.
- The Median household income of a Mineral Ridge (zip 44440) resident is $60,754 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMineral Ridge, OhioUnited States
  6.46
  -7.0%-6.2%
  13.2%33.5%
  6.8%6.2%
  3.5%4.6%
  $27,872$37,638
  $60,754$69,021
  $79,271$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  12.5%6.8%
  23.7%10.0%
  0.6%2.5%
  7.0%11.0%
  4.8%4.8%
  1.0%0.8%
  0.6%1.9%
  2.7%4.7%
  2.4%1.9%
  1.6%7.6%
  0.0%0.1%
  2.1%4.2%
  7.2%9.3%
  17.5%14.0%
  0.0%2.1%
  8.8%7.0%
  4.6%4.8%
  1.8%4.7%
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