Cincinnati s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 19,200 jobs over the past year, up by 1.7%. The median household income in Cincinnati is $63,746, 3.4% higher than last year and 0.9% above the national average of $63,179.
In the housing market, total permits issued totaled 5,752 over the last twelve months, down 2.2% year-over-year. Cincinnati has 243 active new home projects on the market, 0.8% fewer than the 245 from last year. The average list price in the market is $315,121, unchanged from last year and 4.0% below the national average. Over the last three months, new home contracts increased by 2.9% to 886. Liberty Township and Harrison had the highest concentration of the new home contracts in the Cincinnati market.