Quick facts about Ohio and Cincinnati.
Did you ever wonder how many people live in Ohio?
Ohio Quick Facts provides lots of information not only about the state but also about counties and cities.
Why is the information important to home buyers and sellers in the greater Cincinnati area? Demographics, tax rates, education levels as well as age and mobility of the population comes into play when companies are looking for new locations for expansion. And future growth helps fuel buyers moving in and moving up. The flip side is true as companies pull back and layoff employees -certain neighborhoods could end up with a lot of homes for sale at the same time.
Growth at the state, city and township levels helps move the local real estate market along. A recent report from Gallup Daily Tracking places Ohio as “average” in job creation. Which is okay as we continue to recover not only from the economic decline but also from an unfriendly business environment.
Chances are the sale of your house tomorrow will not be affected by changing demographics. But down the road as new developments begin and the demand for homes closer to work locations recharges some neighborhoods knowing “the facts” will help you make informed decisions.