Zip 43231 (Columbus, OH) Economy


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43231 Columbus, OH is a great place to live with many local companies based in the area. Major employers include Honda of America Manufacturing, Huntington National Bank, L Brands, Cardinal Health, and Nationwide Insurance. The cost of living in 43231 Columbus is affordable with an average two bedroom rent totaling $1,150 per month compared to the national average of $1,430. Grocery costs are also more affordable than other places in the US with an index rating of 98 compared to 100 in the US overall.

Columbus (zip 43231) has an unemployment rate of 5.7%. The US average is 6.0%.

Columbus (zip 43231) 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 43231)
- The Sales Tax Rate for Columbus (zip 43231) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Columbus (zip 43231) 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 43231)
- The average income of a Columbus (zip 43231) resident is $29,081 a year. The US average is $37,638 a year.
- The Median household income of a Columbus (zip 43231) resident is $64,033 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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