Cincinnati s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 19,300 jobs over the past year, up by 1.7%. The median household income in Cincinnati is $63,647, 3.2% higher than last year and 3.7% above the national average of $61,372.
In the housing market, total permits issued totaled 5,907 over the last twelve months, down 7.2% year-over-year. Cincinnati has 244 active new home projects on the market, 1.2% more than the 241 from last year. The average list price in the market is $321,468, 0.6% lower than last year and 3.6% above the national average. Over the last three months, new home contracts decreased by 12.8% to 741. Harrison and Lebanon had the highest concentration of the new home contracts in the Cincinnati market.