The city of Cincinnati, OH is a great place to live with an abundance of local companies to explore. 45245 Cincinnati, OH has a 2 bedroom rent of $1,130 which is cheaper than the US average of $1,430. The grocery cost index in this area is also slightly lower than the national average at 99 versus 100. This makes it more affordable for those living in this area. Local companies include Proctor and Gamble, Fifth Third Bank and Kroger, all headquartered in Cincinnati. In addition there are many small business owners who offer services such as restaurants, clothing stores and professional services throughout the area. Cincinnati has something to offer everyone who lives and works within its boundaries.
Cincinnati (zip 45245) has an unemployment rate of 3.9%. The US average is 6.0%.
Cincinnati (zip 45245) 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 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Cincinnati (zip 45245)
- The Sales Tax Rate for Cincinnati (zip 45245) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cincinnati (zip 45245) 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 45245)
- The average income of a Cincinnati (zip 45245) resident is $40,392 a year. The US average is $37,638 a year.
- The Median household income of a Cincinnati (zip 45245) resident is $65,271 a year. The US average is $69,021 a year.