Center for Research & Data | Cincinnati USA Regional Chamber

HOUSING & MIGRATION INDICATORS

For housing and migration indicators, the Cincinnati region median ranking is 14 of 22

INDICATOR OVERVIEW

  • Residential Building Permits (2023): 18th best of 22
  • Residential Building Permits Per 1,000 Population (2023): 15th best of 22
  • Annual Net Migration (2023): 10th best of 22
  • Typical Home Value: 16th Highest of 21
  • Five-Year Housing Permit Change (2017-2022): 14th best of 22
  • Median Gross Rent (2022): 4th Lowest of 22
  • Severe Housing Cost Burden (2022): 11th best of 22

REGIONAL INDICATOR

Residential Building Permits

2023

Cincinnati Residential building permits:

6,187

PEER RANK: 18th best of 22

REGIONAL INDICATOR

Residential Building Permits Per 1,000 Population

2023

Cincinnati Residential Building Permits Per 1,000 Population

2.7

PEER RANK: 15th best of 22

REGIONAL INDICATOR

Annual Net Migration

2023

Cincinnati Annual NET MIGRATION

8,624

PEER RANK: 10th best of 22

REGIONAL INDICATOR

Typical Home Value

2023

Cincinnati typical HOME VALUE

$261,722

PEER RANK: 16th Highest of 21

REGIONAL INDICATOR

Five-Year Housing Permit Change

2018-2023

Cincinnati FIVE-YEAR HOUSING PERMIT CHANGE

1.8%

PEER RANK: 14th best of 22

REGIONAL INDICATOR

Median Gross Rent

2022

$996

PEER RANK: 4th Lowest of 22

REGIONAL INDICATOR

SEVERE HOUSING COST BURDEN

2022

Cincinnati Severe Housing Cost Burden:

23.2%

PEER RANK: 11th best of 22

Severe housing cost burden is the percentage of renting households that spend more than 50% of their income on housing.

All REGIONAL INDICATOR CATEGORIES

POPULATION INDICATORS

Indicators include:
Total Population
Population Growth
Prime Working Age Population
Gen Z Population
Millennial Population

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ECONOMIC INDICATORS

Indicators Include:
Gross Domestic Product
Fortune 500 Companies
Total Job Growth
Job Growth
Labor Force Participation Rate
Regional Exports

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COMMUNITY & HEALTH INDICATORS

Indicators Include:
Median Household Income
Cost of Living Index
Child Poverty Rate
Violent Crime Rate
Property Crime Rate
Educational Attainment
Degree Completions
Life Expectancy
Food Insecurity

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HOUSING & MIGRATION INDICATORS

Indicators Include:
Building Permits
Net Migration
Typical Home Value
Housing Permit Change
Median Gross Rent
Housing Cost Burden

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INDUSTRY INDICATORS

Indicators Include:
Tech Jobs
Tech Job Growth
Manufacturing Jobs
Manufacturing Job Growth

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DEI INDICATORS

Indicators Include:
Workforce Diversity
C-Suite Diversity
Racial Income Gap
Racial Unemployment Gap
Black/White Educational Attainment

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