Cincinnati, OH 45230 is a great place to live for those looking for an affordable apartment. The cost of living here is quite low compared to other cities in the US. The average 2 bedroom rent in Cincinnati is $990, which is substantially lower than the national average of $1,430. Additionally, the grocery cost index in Cincinnati is 99 versus 100 in the US. This means that groceries are slightly cheaper here than the national average. There are many local companies in Cincinnati such as P&G, Kroger and Macy's which offer great employment opportunities and provide a strong economic engine for the city.
Cincinnati (zip 45230) has an unemployment rate of 4.4%. The US average is 6.0%.
Cincinnati (zip 45230) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Cincinnati (zip 45230)
- The Sales Tax Rate for Cincinnati (zip 45230) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cincinnati (zip 45230) is 4.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cincinnati (zip 45230)
- The average income of a Cincinnati (zip 45230) resident is $37,572 a year. The US average is $28,555 a year.
- The Median household income of a Cincinnati (zip 45230) resident is $78,447 a year. The US average is $69,021 a year.