43220 Columbus, Ohio is a great place to live with its affordable rent and low cost of living. The average 2 bedroom rent in the area is $1,280, which is lower than the national average of $1,430. The Grocery Cost Index of 104 indicates that food costs are also low compared to the US index of 100.
The area has plenty to offer with well-known companies such as OhioHealth, J.P. Morgan Chase, Honda Manufacturing, NetJets, and L Brands all located in the area. In addition smaller businesses such as restaurants and retail outlets can be found throughout 43220 Columbus, Ohio.
Columbus (zip 43220) has an unemployment rate of 5.7%. The US average is 6.0%.
Columbus (zip 43220) 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 43220)
- The Sales Tax Rate for Columbus (zip 43220) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43220) 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 43220)
- The average income of a Columbus (zip 43220) resident is $54,052 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43220) resident is $71,854 a year. The US average is $69,021 a year.