Moving to Cincinnati, OH

Thinking about moving to Cincinnati?

You’ll be in good company. Between 2010 and 2016, more than 1,857 people have moved to Cincinnati, an increase of 0.6%. New residents are attracted to Cincinnati’s surging economy and affordable housing.

Where Are All the New Residents of Cincinnati Moving From?

In the Midwest, Cincinnati has one of the fastest growing economies, and that economy doesn’t depend on just one industry or big employer. Rather, the area is home to companies in industries as varied as auto-making, banking, consumer goods and education. Perhaps that’s one of the reasons Cincinnati is growing. In fact, the metro area’s […]

Cincinnati Chugs Past Cleveland to Become Ohio’s Largest Economy

Cincinnati is now the 28th largest metropolitan economy in the United States, jumping up two positions from 2015, according to a report on 2016 Metropolitan GDP released last week by the Bureau of Economic Analysis. In 2015 the Cincinnati MSA, which includes communities in northern Kentucky and Southeast Indiana, generated a gross GDP dollar value […]

Cincinnati is in the middle of a renaissance, with the urban core undergoing massive revitalization centered around the historic Over-the-Rhine district. It really was only a matter of time before the hipsters moved in: Cincinnati’s walkable European-style neighborhoods with historic architecture were ripe for a hip makeover, and now the craft breweries, boutique shops, and gourmet eateries are moving in. Cincinnati is getting cooler by the day, so get here fast!

Cincinnati Population

Cincinnati is home to 298,800 Cincinnatians. With an area of 77.9 square miles, Cincinnati has a population density of 3,836 persons per square mile, which makes it less dense than many other cities of comparable size.

The Cincinnati, OH-KY-IN Metropolitan Statistical Area boasts a population of 2,165,139 people, of which Cincinnati proper’s population makes up 14%.

Cincinnati Housing Market

Affordable housing is one of best things Cincinnati has going for it. The median home value in Cincinnati is $124,900, -38% below the US median value, according to Zillow. The median price per square foot in Cincinnati is $88. Over the past 5 years, home values in Cincinnati have increased by 4%.

Renters in Cincinnati will also have an easy time finding affordable housing. The median rent in Cincinnati is $1,113 per month, which is 22% lower than the US median. Over the past year, rental rates in Cincinnati have increased by 6.5%.

Cincinnati Economy

The Cincinnati economy is on fire. The Cincinnati metro area’s GDP grew by 22% between 2010 and 2015, from $104 billion in 2010 to $127 billion in 2015, a total increase of $23 billion. The metro area has a per capita GDP of $58,683. According to the US Census Bureau, the median household income in Cincinnati, OH is $55,501, 9% higher than the national median. Cincinnati’s unemployment rate is 4.7%.

Weather in Cincinnati

If hot weather isn’t your thing, you might want to think twice before moving to Cincinnati. Cincinnati winters are warm, with an average temperature of 61 degrees. Summers in Cincinnati are hot, with an average temperature of 84 degrees. The average temperature in Spring is 70 degrees and the average temperature in Fall is 76 degrees.

If you’re moving to Cincinnati, you better bring your umbrella! Cincinnati sees an average 137 rainy days per year, and had an average annual rainfall of 41.9 inches. Cincinnati is relatively humid, with an average annual relative humidity of 70. And don’t sweat it if you forget to pack your sunglasses. Cincinnati only gets an average of 2,335 sunny hours per year and 81 sunny days, fewer than much of the rest of the country.

Cincinnati Crime Rate

Cincinnati does have some problems with violent crime, with a violent crime rate of 925 incidents per 100,000 persons according to the FBI, a higher rate than average. Property crime rates in Cincinnati are relatively high, with a rate of 5,510 incidents per 100,000 persons, a higher rate than average.

Traffic in Cincinnati

Ask anyone who lives in Cincinnati what the city’s biggest problems are and traffic will almost certainly be one of them. According to a survey conducted by INRIX, the average commuter in Cincinnati spends 24.1 hours in traffic each year, with about 7% of their time commuting in a traffic jam, a higher portion than average among US cities.

Cost of Living in Cincinnati

Cincinnati is a relatively affordable place to live with a low cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Cincinnati has a regional price parity of 97.3, -11.1% below the average for US metro areas.

Cincinnati Education

Cincinnati is a well-educated city, with 18% of the population possessing a Bachelor’s degree or higher. Only 12% of the population does not have a High School diploma, while 10% of the population has a Graduate or Professional degree.

Cincinnati Demographics

The median age in Cincinnati is 37.3 years. 48.9% of the population in the Cincinnati metro area is male, while 51.1% is female. 4.2% of the metro population is foreign born. In terms of racial demographics, Cincinnati is 83% white and 12% African American.