Zip 45223 (Cincinnati, OH) Economy


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The Cincinnati, Ohio zip code 45223 has 2 bedroom rent at $940. This is significantly lower than the US 2 bedroom rent of $1,430. Additionally, the grocery cost index in this zip code is 97 versus 100 in the US; making groceries slightly more affordable for residents of 45223. Companies operating in the greater Cincinnati area include: Proctor and Gamble, Fifth Third Bank, and PNC Financial Services Group. Other companies headquartered in the area are Cintas Corporation, Macy's Inc., and Western & Southern Financial Group. These companies provide employment opportunities to many residents of 45223 Cincinnati, Ohio.

Cincinnati (zip 45223) has an unemployment rate of 4.9%. The US average is 6.0%.

Cincinnati (zip 45223) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Cincinnati (zip 45223)
- The Sales Tax Rate for Cincinnati (zip 45223) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cincinnati (zip 45223) is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cincinnati (zip 45223)
- The average income of a Cincinnati (zip 45223) resident is $31,242 a year. The US average is $37,638 a year.
- The Median household income of a Cincinnati (zip 45223) resident is $45,105 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCincinnati, 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%
Reviews for Cincinnati
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Over 19 years ago

great social, active friendly urban environment. A hot place to live in Cincinnati for artists and professionals and alternative lifestyles. New highly rated restaurants  More

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