Cincinnati Stats

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Category: Housing

Why Owning a Home is More Common in Cincinnati

Fewer and fewer Americans have been buying homes over the last decade. Today, just 63.0% of Americans own their homes, the smallest share since 1965. In the Cincinnati metro area, 65.4% of residents own their homes, higher than the national homeownership rate, but the fifth lowest of any metro area in Ohio. Young Americans are […]

Why Quality of Life is Lower in Ohio

Americans often evaluate their home states according to such subjective conditions as climate preference, the presence of friends and family, and personal history. In addition to these subjective measures, more objective socioeconomic factors also contribute to life satisfaction. It is such quantitative measures that can help assess the broader quality of life in a given […]

Cincinnati No More Crowded Than the Average City

There are 2,564 people per square mile in the Cincinnati metro area, lower than the national population density of 6,321 Americans per square mile across all U.S. metro areas. Cincinnati also has the fourth highest population density of any Ohio metro area. Population density can have a meaningful impact on home prices in an area. […]

Why Cincinnati is One of the Less Expensive Housing Markets

A typical home in the Cincinnati metro area costs $159,200, higher than in Ohio as a whole, where the typical home is worth $136,400. Cincinnati’s median home value is also the second highest of any metro area in the state. The price of a typical Cincinnati home is, however, less than the national median home […]

Cincinnati is the 4th Best City to Flip a Home

The U.S. housing market has been in steady recovery since the housing crisis, and increasing numbers of investors are trying their hand at home flipping: the purchase, renovation, and subsequent sale of a property in a relatively short period of time. While home flipping is costly and notoriously risky, a number of housing markets are […]

Ohio Ranks 20th in Share of Urban Living

Since 1950, Americans have increasingly chosen to live in cities. Today, 81% live in urban areas, more than even before. Urban areas, however, make up just 3% of U.S. land area. The proportion of people living in urban areas varies considerably between states. 24/7 Wall St. reviewed data from the U.S. Census to determine the […]

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