Zip 45662 (Portsmouth, OH) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Portsmouth, OH is an great place to live with a population of 45662 people. It is located in Scioto County and offers great amenities such as a low cost of living with 2 bedroom rent at just $720 compared to the national average of $1,430. Grocery costs are also low as the grocery cost index in Portsmouth is 95 compared to 100 in the US. Portsmouth has a variety of shopping options including Walmart, Meijer, Kmart, and Save A Lot for groceries. Other local businesses include Double Tree Bakery for fresh pastries and Primo’s Pizzeria & Pub for a bite to eat. There are also plenty of parks and recreation areas nearby such as Shawnee State Park and Camp Oyo which offer camping, fishing, hunting, swimming, and hiking activities that can be enjoyed by residents year round.

Portsmouth (zip 45662) has an unemployment rate of 5.5%. The US average is 6.0%.

Portsmouth (zip 45662) 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 Portsmouth (zip 45662)
- The Sales Tax Rate for Portsmouth (zip 45662) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Portsmouth (zip 45662) is 5.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Portsmouth (zip 45662)
- The average income of a Portsmouth (zip 45662) resident is $18,208 a year. The US average is $28,555 a year.
- The Median household income of a Portsmouth (zip 45662) resident is $36,286 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortsmouth, OhioUnited States
  5.56
  -1.6%-6.2%
  20.1%33.5%
  7.3%6.2%
  5.2%4.6%
  $21,833$37,638
  $36,286$69,021
  $49,606$85,028
  Population by Occupation
  0.3%1.2%
  0.4%0.5%
  6.8%6.8%
  9.9%10.0%
  0.9%2.5%
  11.1%11.0%
  4.7%4.8%
  0.4%0.8%
  0.8%1.9%
  2.1%4.7%
  1.6%1.9%
  2.8%7.6%
  0.0%0.1%
  3.1%4.2%
  8.2%9.3%
  24.1%14.0%
  0.1%2.1%
  11.2%7.0%
  7.3%4.8%
  4.3%4.7%
Health