45318 Covington, OH is a great place to consider when looking for a place to live. The rent for a two bedroom apartment is $890, which is much lower than the US average of $1,430. Additionally, the cost of groceries in this area is 96 compared to 100 in the US on average. This makes it an affordable place to buy groceries as well.
The location is also great with numerous local businesses within easy distance from this area. For instance, residents can find Walmart and Lowe’s located right around the corner from 45318 Covington. There are also plenty of restaurants such as Denny’s and Burger King nearby for convenience. Cultural spots like Miami Valley Gaming Center are attractions that people can visit for fun and entertainment.
In short, 45318 Covington offers affordability in rent prices and grocery costs with lots of opportunities for leisure activities nearby.
Covington (zip 45318) has an unemployment rate of 4.0%. The US average is 6.0%.
Covington (zip 45318) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Covington (zip 45318)
- The Sales Tax Rate for Covington (zip 45318) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Covington (zip 45318) is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Covington (zip 45318)
- The average income of a Covington (zip 45318) resident is $30,078 a year. The US average is $37,638 a year.
- The Median household income of a Covington (zip 45318) resident is $56,137 a year. The US average is $69,021 a year.