Zip 43223 (Columbus, OH) Economy


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Colombus, OH (43223) is a great place to live with a high quality of life. The average rent for a two-bedroom apartment in the area is approximately $990 which is much lower than the US average of $1,430 per month. Additionally, grocery costs are also more affordable in this area as the Grocery Cost Index is 94 versus 100 in the US. As such, Columbus provides an excellent cost of living for those who want to enjoy city amenities at an affordable price.
Columbus boasts several well-known companies that provide employment opportunities for residents including Nationwide Insurance, Honda Motor Co., Huntington Bank, Abercrombie and Fitch Co., and OhioHealth Corporation. With so many options for employment available in one city, Columbus provides ample opportunities for career growth and stability.
Overall, 43223 Columbus offers a great lifestyle for its residents with low rent costs, inexpensive groceries and countless job prospects.

Columbus (zip 43223) has an unemployment rate of 5.7%. The US average is 6.0%.

Columbus (zip 43223) 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 43223)
- The Sales Tax Rate for Columbus (zip 43223) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43223) 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 43223)
- The average income of a Columbus (zip 43223) resident is $20,310 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43223) resident is $43,223 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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