Zip 43002 (Columbus, OH) Economy


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43002 Columbus, OH has a 2 bedroom rent of $1,610 and a grocery cost index of 99. This is slightly higher than the US average of $1,430 for 2 bedroom rent and 100 for the grocery cost index. The Columbus metropolitan area has many large companies such as Nationwide Mutual Insurance Company, JPMorgan Chase & Co., L Brands, and American Electric Power that have established headquarters in the area. Small businesses are also thriving within the city limits with over 50% of businesses employing less than 10 people. Local companies include Ohio State University Wexner Medical Center, The Ohio State University College of Medicine, OhioHealth Corporation, Huntington Bank, and Abercrombie & Fitch Inc. All these companies bring many job opportunities that help the economy grow.

Columbus (zip 43002) has an unemployment rate of 5.7%. The US average is 6.0%.

Columbus (zip 43002) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 34.2%, which is higher than the US average of 33.5%.

Tax Rates for Columbus (zip 43002)
- The Sales Tax Rate for Columbus (zip 43002) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43002) is 6.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Columbus (zip 43002)
- The average income of a Columbus (zip 43002) resident is $52,766 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43002) resident is $53,555 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbus, OhioUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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