Zip 43202 (Columbus, OH) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
The city of Columbus, Ohio has an average 2 bedroom rent of $1,170, which is significantly lower than the US average of $1,430. Additionally, groceries in the area are more affordable than the national average due to its Grocery Cost Index being 103 versus 100 in the US. This makes Columbus an excellent option for those looking for a reasonably priced place to call home. The city is home to many large companies such as Nationwide Children's Hospital, Cardinal Health and Honda of America Manufacturing. It is also home to several world-renowned universities including Ohio State University and Franklin University. All these factors make Columbus an attractive option for people looking for a new place to live or visit.

Columbus (zip 43202) has an unemployment rate of 5.7%. The US average is 6.0%.

Columbus (zip 43202) 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 43202)
- The Sales Tax Rate for Columbus (zip 43202) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43202) 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 43202)
- The average income of a Columbus (zip 43202) resident is $35,555 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43202) resident is $59,138 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%
Reviews for Columbus
    See all ()

I've lived in the city for 5 years. If you are relocating, check out the c-ville area. It's quite, safe, rent is very reasonable (if not down right CHEAP) - I understand  More

   |    Reply

Start Your Review of Columbus

Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.