Cincinnati, Ohio’s zip code 45208 has a median two-bedroom rent of $1,240, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in 45208 is 107 compared to 100 in the country as a whole. This means that groceries are slightly more expensive here than the national average. The city has many local businesses such as Cincinnati Bell Inc., PNC Financial Services Group and Procter & Gamble Co., all of which are highly regarded companies in Cincinnati. In addition to these larger corporations, smaller local businesses such as Denburg Fine Art and Christman Jewelers have served the people of 45208 for many years.
Cincinnati (zip 45208) has an unemployment rate of 4.9%. The US average is 6.0%.
Cincinnati (zip 45208) 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 45208)
- The Sales Tax Rate for Cincinnati (zip 45208) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cincinnati (zip 45208) 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 45208)
- The average income of a Cincinnati (zip 45208) resident is $82,787 a year. The US average is $37,638 a year.
- The Median household income of a Cincinnati (zip 45208) resident is $125,347 a year. The US average is $69,021 a year.