Hamilton County · Ohio · Midwest · 311k residents
Cincinnati, OH: economy, jobs & business costs
The site-selection read on Cincinnati: labor costs, talent, corporate tax, energy, and business activity, with the Ohio median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: Curated city row; coverage varies by fact.
Average weekly wages in the surrounding labor market run $1,518/wk. Ohio's corporate income tax rate is 0%. Commercial electricity averages 10.7¢/kWh.
Compare Cincinnati side by side
Avg. weekly wage
$1,518/wk
Corporate income tax
0%
Bachelor's degree or higher
41.8%
Commercial electricity
10.7¢/kWh
Economic momentum
How fast Cincinnati's economy is moving, ranked against the US cities we track.
58/100
Steady
Ranks Cincinnati's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| Median home value | $235,000 |
| Price per sq. ft. | $155 |
| Property tax rate | 1.7% |
| 1-bedroom rent | $1,150/mo |
| 2-bedroom rent | $1,400/mo |
| State & local income tax | 3.71% |
| Sales tax | 7.8% |
| Corporate income tax | 0% |
| Avg. weekly wage | $1,518/wk |
| Bachelor's degree or higher | 41.8% |
| Commercial electricity | 10.7¢/kWh |
| Businesses per 1k residents | 32.5/1k |
| Wage: Software developer | $121,420 |
| Wage: Registered nurse | $83,650 |
| Wage: General manager | $100,670 |
| Wage: Customer service | $46,470 |
| Wage: Warehouse worker | $37,810 |
| Wage: Heavy truck driver | $60,590 |
| Wage: Electrician | $63,490 |
| Wage: Retail salesperson | $30,810 |
| Cost of living index | 91 |
| Groceries index | 96 |
| Utilities | $170/mo |
| Transit pass | $80/mo |
| Gas price | $3.10/gal |
| Healthcare index | 96 |
| Childcare (per child) | $1,100/mo |
| Median household income | $50,000 |
| Unemployment rate | 4.1% |
| Population | 311k |
| Crime index | 55/100 |
| School rating | 5.5/10 |
| Walkability | 51/100 |
| Disaster risk | 96/100 |
| Avg. commute | 23 min |
| Sunny days / year | 176 days |
| July high | 85°F |
| January low | 22°F |
| Annual snowfall | 16 in |
| Home price YoY | +1.4% |
| Home price MoM | -0.3% |
| Rent YoY | +3.6% |
| Rent MoM | +0.2% |
| Employment (jobs) YoY | -0.3% |
| Building permits YoY | +167.9% |
| Ocean coast | 488 mi |
| Big lake | 155 mi |
| Mountains | 235 mi |
| Major airport | 8 mi |
| Ski resort | 19 mi |
Popular comparisons
Nearby
- Norwood, OH · 19k
- White Oak, OH · 19k
- Forest Park, OH · 20k
- Fairfield, OH · 45k
- Mason, OH · 36k
Similar size
- Toledo, OH · 267k
- Cleveland, OH · 366k
- Akron, OH · 189k
- Dayton, OH · 137k
- Parma, OH · 80k
Real listings in Cincinnati
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Cincinnati a good place to run a business?
- Ohio's corporate income tax rate is 0%; average weekly wages in the surrounding labor market run $1,518/wk; commercial electricity averages 10.7¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Cincinnati, OH?
- Cincinnati indexes at 91 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,400/mo and a median home value of $235,000.
- How much does a house cost in Cincinnati?
- The median home value in Cincinnati is $235,000 (compiled estimate; individual listings vary).
- How much is rent in Cincinnati?
- A two-bedroom in Cincinnati rents for about $1,400/mo.