Zip 45243 (Madeira, OH) Economy


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Madeira, OH is a small town situated in Hamilton County. It has a population of 4,721 people and is known for its scenic location and convenient access to Cincinnati. The average two bedroom rent in Madeira is $1,660 which is slightly higher than the US average of $1,430. The grocery cost index for Madeira is 108 compared to the national average of 100.
Madeira has a number of local companies that provide residents with goods and services. These include 5/3 Bank, Madeira Veterinary Clinic, Italianette Pizza & Subs, Country Mill Farms Produce Market & Cafe, and Strong Tower Tax Solutions. 5/3 Bank provides financial services such as banking and investments while the Madeira Veterinary Clinic offers veterinary care for cats and dogs. Italianette Pizza & Subs serves freshly cooked pizza, subs, calzones and more while Country Mill Farms Produce Market & Cafe sells fresh produce from their farm plus coffee drinks and food items. Lastly Strong Tower Tax Solutions helps customers prepare their taxes quickly and accurately.

Madeira (zip 45243) has an unemployment rate of 4.4%. The US average is 6.0%.

Madeira (zip 45243) has seen the job market increase by 0.8% 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 Madeira (zip 45243)
- The Sales Tax Rate for Madeira (zip 45243) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Madeira (zip 45243) is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Madeira (zip 45243)
- The average income of a Madeira (zip 45243) resident is $69,411 a year. The US average is $28,555 a year.
- The Median household income of a Madeira (zip 45243) resident is $151,371 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMadeira, OhioUnited States
  4.46
  -4.7%-6.2%
  30.6%33.5%
  7.0%6.2%
  5.5%4.6%
  $89,944$37,638
  $151,371$69,021
  $174,821$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.3%6.8%
  16.2%10.0%
  1.9%2.5%
  7.8%11.0%
  1.0%4.8%
  0.5%0.8%
  0.8%1.9%
  6.6%4.7%
  2.1%1.9%
  16.9%7.6%
  0.1%0.1%
  2.4%4.2%
  10.2%9.3%
  17.2%14.0%
  2.4%2.1%
  4.1%7.0%
  2.3%4.8%
  3.7%4.7%
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