Zip 43206 (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, OH (zip code 43206) is a great place to live with its affordable housing and cost of living. The average 2 Bedroom rent in the area is $1120 which is much lower than the US average of $1430. This makes it easy for families or individuals interested in living in the area. The Grocery Cost Index in Columbus, OH is 95, which is slightly lower than the US average of 100. This means that groceries are relatively cheap when compared to other cities across the country.
Columbus, OH also features a plethora of employment opportunities. Local companies such as Progressive Insurance, JPMorgan Chase & Co., and Nationwide Insurance all have offices located within 43206, providing many jobs to the local population. Other large employers include Ohio State University and Battelle Memorial Institute both located nearby. With its low cost of living and abundance of job opportunities, 43206 Columbus, OH is an excellent place to consider for those looking for a new home or workplace.

Columbus (zip 43206) has an unemployment rate of 5.7%. The US average is 6.0%.

Columbus (zip 43206) 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 43206)
- The Sales Tax Rate for Columbus (zip 43206) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43206) 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 43206)
- The average income of a Columbus (zip 43206) resident is $43,946 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43206) resident is $62,310 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%
Health

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

© Best Places. All rights reserved.