Cincinnati s population is 2.2M, with a total workforce of 1.1M. The labor market grew by 23,000 jobs over the past year, up by 2.1%. The median household income in Cincinnati is $62,835, 0.1% higher than last year and 0.5% below the national average of $63,179.
In the housing market, total permits issued totaled 6,710 over the last twelve months, up 11.0% year-over-year. Cincinnati has 254 active new home projects on the market, 1.6% fewer than the 258 from last year. The average list price in the market is $319,742, 0.1% lower than last year and 8.2% below the national average. Over the last three months, new home contracts decreased by 10.1% to 780. Cincinnati and Liberty Township had the highest concentration of the new home contracts in the Cincinnati market.