Zip 43451 (Portage, OH) Economy


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United States / Ohio / Toledo Metro Area / Wood County / No City / Portage (zip 43451)
The city of Portage in Ohio is a great place to live for families looking for a comfortable lifestyle. With an average 2 bedroom rent of $910, it is much more affordable than the US average of $1,430. The grocery cost index is also lower compared to the US with 93 versus 100 respectively. There are various local companies that offer affordable goods and services such as Southtown Market, which offers fresh produce at low prices, and Bowline Plumbing Company which provides plumbing services at competitive rates. Additionally, there are many other small businesses such as Janine’s Hair Salon and Joe’s Autos which provide quality services without breaking the bank. Portage is a great place to live both financially and comfort-wise!

Portage (zip 43451) has an unemployment rate of 4.2%. The US average is 6.0%.

Portage (zip 43451) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.3%, which is lower than the US average of 33.5%.

Tax Rates for Portage (zip 43451)
- The Sales Tax Rate for Portage (zip 43451) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Portage (zip 43451) is 4.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Portage (zip 43451)
- The average income of a Portage (zip 43451) resident is $28,523 a year. The US average is $28,555 a year.
- The Median household income of a Portage (zip 43451) resident is $75,227 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortage, OhioUnited States
  4.26
  -6.7%-6.2%
  26.3%33.5%
  6.8%6.2%
  4.4%4.6%
  $34,958$37,638
  $75,227$69,021
  $79,000$85,028
  Population by Occupation
  3.1%1.2%
  0.3%0.5%
  13.4%6.8%
  17.7%10.0%
  1.2%2.5%
  16.8%11.0%
  7.3%4.8%
  2.1%0.8%
  1.2%1.9%
  3.0%4.7%
  2.2%1.9%
  3.3%7.6%
  0.0%0.1%
  0.9%4.2%
  8.8%9.3%
  4.5%14.0%
  0.4%2.1%
  3.9%7.0%
  7.3%4.8%
  2.5%4.7%
Health