Minford is a small village in Scioto County, Ohio with a population of approximately 463 people. The cost of renting a two-bedroom property in Minford is $790 which is significantly lower than the national average of $1,430. The cost of living index for groceries in Minford is 98 which is slightly lower than the US index of 100.
The village has several local businesses including Orme Hardware and Restoration Services which sells hardware items and services to help restore properties back to their original condition. Myer’s Bar & Grill serves classic American dishes as well as homemade pizzas and sandwiches. For those looking for retail shopping, Valley View Flower Shop offers fresh floral arrangements, gifts and balloons for special occasions.
Minford (zip 45653) has an unemployment rate of 5.5%. The US average is 6.0%.
Minford (zip 45653) 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 Minford (zip 45653)
- The Sales Tax Rate for Minford (zip 45653) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Minford (zip 45653) 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 Minford (zip 45653)
- The average income of a Minford (zip 45653) resident is $24,437 a year. The US average is $28,555 a year.
- The Median household income of a Minford (zip 45653) resident is $56,989 a year. The US average is $69,021 a year.