Zip 45238 (Cincinnati, OH) Economy


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United States / Ohio / Cincinnati Metro Area / Hamilton County / No City / Cincinnati (zip 45238)
The local two bedroom rent cost for 45238 Cincinnati, OH is $930 which is significantly lower than the US 2 Bedroom rent of $1,430. This lower cost of living can be seen in the grocery cost index as well, which is 96 in this area compared to 100 nationally. Local companies such as Kroger and Central Grocers provide evidence that prices are lower in this area than other cities across the country. Additionally, popular restaurants such as Skyline Chili and LaRosa's Pizza, offer residents a great selection of food at an affordable price. This combination of low rent and affordable groceries makes 45238 Cincinnati, OH a great place to live.

Cincinnati (zip 45238) has an unemployment rate of 4.4%. The US average is 6.0%.

Cincinnati (zip 45238) 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 45238)
- The Sales Tax Rate for Cincinnati (zip 45238) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cincinnati (zip 45238) 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 45238)
- The average income of a Cincinnati (zip 45238) resident is $23,899 a year. The US average is $28,555 a year.
- The Median household income of a Cincinnati (zip 45238) resident is $56,978 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCincinnati, OhioUnited States
  4.46
  -4.7%-6.2%
  30.6%33.5%
  7.0%6.2%
  4.5%4.6%
  $29,384$37,638
  $56,978$69,021
  $71,925$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  5.5%6.8%
  9.8%10.0%
  1.3%2.5%
  11.9%11.0%
  10.1%4.8%
  0.8%0.8%
  1.3%1.9%
  5.6%4.7%
  1.5%1.9%
  4.8%7.6%
  0.4%0.1%
  4.0%4.2%
  6.5%9.3%
  16.6%14.0%
  1.4%2.1%
  8.2%7.0%
  6.3%4.8%
  3.7%4.7%
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