In Columbus, Ohio (43217) the average cost for a two bedroom apartment is $1,080, which is significantly less than the US average of $1,430. Furthermore, the grocery cost index in Columbus is 90 versus 100 in the US. There are numerous companies and establishments that make up the local economy of Columbus such as The Ohio State University, Battelle Memorial Institute, L Brands Inc., Nationwide Mutual Insurance Company and Cardinal Health Inc. These companies have significant contributions to the local economy of Columbus and have helped put Columbus on the map as a major city of business.
Columbus (zip 43217) has an unemployment rate of 5.7%. The US average is 6.0%.
Columbus (zip 43217) 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 43217)
- The Sales Tax Rate for Columbus (zip 43217) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43217) 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 43217)
- The average income of a Columbus (zip 43217) resident is $16,284 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43217) resident is $43,500 a year. The US average is $69,021 a year.