Columbus, OH is an excellent place to live. The average two bedroom rent in the area is $1,020 which is well below the US average of $1,430 making it an affordable option. Additionally, the grocery cost index in Columbus is 96 compared to 100 in the US making it an economical choice for groceries as well. With all these advantages, it's no wonder Columbus has been growing and attracting many businesses. Local companies such as Ohio State University, Nationwide Children’s Hospital and American Electric Power have established headquarters here and provide ample employment opportunities. There are also several large corporations like L Brands and Honda of America Manufacturing who call Columbus home. With a diverse range of businesses from higher education to retail to healthcare, there is something for everyone in Columbus, OH.
Columbus (zip 43232) has an unemployment rate of 5.7%. The US average is 6.0%.
Columbus (zip 43232) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.
Tax Rates for Columbus (zip 43232)
- The Sales Tax Rate for Columbus (zip 43232) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43232) is 6.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Columbus (zip 43232)
- The average income of a Columbus (zip 43232) resident is $18,953 a year. The US average is $28,555 a year.
- The Median household income of a Columbus (zip 43232) resident is $44,410 a year. The US average is $69,021 a year.