Mineral Ridge: Economy & Jobs
Households in Mineral Ridge earn a median $59,161 (about the same as Trumbull County median $56,435; 1.2× below Ohio median $71,389), with homes at a median value of $154,600. The surrounding county supports 93,784 jobs (avg $51,623).
- $65,728 avg taxable income per return — similar than the median household income (vs Ohio $78,408).
Income & Affordability
Median household income $59,161 — below the Ohio median ($66,082). Poverty rate 6.0% (U.S. average ~12.5%). 16% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 2.6× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 13.7% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 16.1% |
| Affordability · Poverty Rate | 6.0% |
| Affordability · Property Tax Pct Income | 3.7% |
| Irs Income · IRS tax returns filed | $110,590 |
| Irs Income · Total Adjusted Gross Income (thousands) | $7,268,893 |
| Irs Income · Average AGI per return | $65,728 (vs Ohio $78,408) |
| Irs Income · Year | 2022 |
| Income Estimate | $70,456 |
| Median Household Income | $59,161 (vs Ohio $66,082) |
| Poverty Rate | 6.0% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | service_economy |
|---|---|
| Economic Character · Top Industry | Manufacturing |
| Economic Character · Income Level | middle-class |
| Economic Character · Median Income | $59,161 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.9% — below the U.S. average of ~4%. 4% work from home (U.S. average ~15%).
| Commuter Profile · Work From Home Pct | 3.6% |
|---|---|
| Commuter Profile · Primary Mode | drove alone |
| Employment · Avg annual employment (county) | 93,784 |
| Employment · Total annual wages (county) | $4,841,440,297 |
| Employment · Average annual pay | $51,623 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 5,469,160 |
| Unemployment Rate | 1.9% (vs Ohio 3.4%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 6 |
|---|---|
| Agriculture · Land In Farms Acres | 114 |
| Agriculture · Avg Farm Size Acres | 19.00 |
| Agriculture · Top Commodities | Animal Totals, Crop Totals, Milk, Grain, Poultry Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 5,334 |
| Business Patterns · Total Employees | 82,900 |
| Business Patterns · Annual Payroll Thousands | 3,913,012 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 36 |
|---|---|
| Local Businesses · Convenience Stores | 38 |
| Local Businesses · Liquor Stores | 18 |
| Local Businesses · Gas Stations | 69 |
| Local Businesses · Department Stores | 4 |
| Local Businesses · General Merchandise | 70 |
| Local Businesses · Clothing Stores | 17 |
| Local Businesses · Pet Stores | 6 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 166 |
|---|---|
| Dining Scene · Fast Food | 221 |
| Dining Scene · Bars | 32 |
| Dining Scene · Coffee Snacks | 43 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (9)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (3)
| Nearest Snap · Name | DOLLAR GENERAL 7624 |
|---|---|
| Nearest Snap · Total In Area | 3 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | INDIAN AMERICAN CHAMBER OF COMMERCE OF GREATER CINCINNATI & N KY |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $1,508,614,023 |
|---|---|
| Federal Spending · Per Capita | 6,598.96 (vs Ohio $6,792) |
| Federal Spending · Population | 228,614 people (vs Ohio 29,269) |
Sources: USAspending API
Other
| Pct Drove Alone | 92.2% |
|---|---|
| Pct Public Transit | 0.7% |
| Pct Walked | 3.6% |
| Retirement Score · Median age | 50.5 years (vs Ohio 38.1y) |
| Retirement Score · Ss Household Pct | 45.3% |
| Retirement Score · Hospitals Nearby | 5 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, strong SS base, hospital access, VA nearby |
| Retirement Score · Rating | excellent |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12