Cincinnati s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 20,400 jobs over the past year, up by 1.9%. The median household income in Cincinnati is $63,706, 3.3% higher than last year and 3.8% above the national average of $61,372. In the housing market, total permits issued totaled 5,879 over the last twelve months, down 7.4% year-over-year. Cincinnati has 230 active new home projects on the market, 4.2% fewer than the 240 from last year. The average list price in the market is $329,351, 7.1% higher than last year and 6.3% above the national average. Over the last three months, new home contracts increased by 22.1% to 823. Franklin and Alexandria had the highest concentration of the new home contracts in the Cincinnati market.