Cincinnati s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 23,600 jobs over the past year, up by 2.1%. The median household income in Cincinnati is $63,185, 2.5% higher than last year and 0.0% above the national average of $63,179.
In the housing market, total permits issued totaled 6,090 over the last twelve months, up 4.4% year-over-year. Cincinnati has 255 active new home projects on the market, 2.8% more than the 248 from last year. The average list price in the market is $311,003, 2.6% lower than last year and 3.9% above the national average. Over the last three months, new home contracts increased by 9.7% to 845. Hebron and Liberty Township had the highest concentration of the new home contracts in the Cincinnati market.