Cincinnati, OH is a city located in zip code 45205 and has much to offer its residents. Its two bedroom rent averages $980, which is more affordable than the national average of $1,430. Additionally, groceries in Cincinnati have an index of 92 versus 100 in the US, making it a great option for people looking for an affordable place to live.
Local companies in 45205 include Cincinnati Bell Inc., Kroger Co., Fifth Third Bancorp, Macy's Inc., and American Financial Group Inc. Each of these companies hold a significant presence within 45205 and provide employment opportunities to many locals. Information about each company can be found on their respective websites: cincinnatibell.com; kroger.com; 53.com; macysinc.com; afginc.com.
Cincinnati (zip 45205) has an unemployment rate of 4.9%. The US average is 6.0%.
Cincinnati (zip 45205) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Cincinnati (zip 45205)
- The Sales Tax Rate for Cincinnati (zip 45205) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cincinnati (zip 45205) is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cincinnati (zip 45205)
- The average income of a Cincinnati (zip 45205) resident is $17,298 a year. The US average is $37,638 a year.
- The Median household income of a Cincinnati (zip 45205) resident is $31,241 a year. The US average is $69,021 a year.