Cincinnati, OH Community Information

Cincinnati, OH Homes for Sale

Cincinnati Metro and Neighborhood Information

Cincinnati may not be the largest city in Ohio. In fact, with a 2005 estimated population of 308,728, it is only the third most populated city in the state. But that has not stopped this underdog city from setting records and making history along the way. Cincinnati lies in the southwestern portion of the state along the Ohio River and is home to the Cincinnati Reds (originally the Red Stockings), the first professional baseball team. The city has also come to include the Cincinnati Bengals, and houses the largest concentration of Italianate architecture in the nation. Unique distinctions like these set this city apart and punctuate its rich history. The city dates back to 1788 when it was established by Colonel Robert Patterson and John Symmes who named the settlement "Losantiville." Two years later, the city was renamed "Cincinnati." It was incorporated as a city in 1819, and at one point earned the appellation "Porkopolis" when it became the primary swine packing hub and packs of pigs reportedly trekked up and down its streets. But the name that has stuck with Cincinnati is the "City of Seven Hills." These gently sloping hills provide the background for the city's diverse neighborhoods overlooking the river and today the city has retained much of the beauty that once prompted Winston Churchill to proclaim it "the most beautiful of America's inland cities."

Cincinnati culture ranges from vibrant nightlife to first class theatres and museums. Visitors are continually drawn to the Cincinnati Museum of Natural History and Science which features unique exhibits like Cincinnati's Ice Age: Clues Frozen in Time. Here visitors are transported to a time when glaciers were just receding and the area was newly formed almost 20,000 years ago. Visitors can walk through a reproduced glacier and get a glimpse of how far the city has come since then. The Cavern: A World Without Light exhibit features a replica of a limestone cave developed from similar caves once found in the area. Five hundred feet of darkened passageways await the brave, who can also foray into the museum's bat chamber housing a colony of Big Brown Bats. The museum continually strives to educate visitors about the city's history through grand visual and interactive scopes and remains one of the main tourist draws. The Carew Tower-Netherland Plaza Hotel downtown is both a registered historic landmark and Cincinnati's pride and joy. It was built during the Depression and stands as a testament of hard work and determination, completed in just 13 months after round-the-clock construction. The structure was influenced by European Deco design and consists of a chain of commercial areas that soar upward, forming a contemporary square block.

Also on the rise is Cincinnati real estate. According to a recent National Association of Home Builders (NAHB) Study, Cincinnati nabbed the 34th spot in 170 real estate markets ranked by housing affordability. 2005 third quarter NAHB figures reflecting local median income show that home buyers can afford 76.5 percent of Cincinnati homes for sale compared to the national average of 34 percent. Existing single family homes are also commonly affordable at a median sales price of $146,000, according to the National Association of Realtors. As the city grew, Cincinnati's real estate market also expanded steadily. Currently, the average home price for Cincinnati real estate for sale is $164,000, well below the national average home price by $10,000. Potential home buyers can also look forward to picturesque neighborhoods with priceless architecture like Over the Rhine, home of the country's largest collection of Italianate structural design. It sits just north of downtown and offers a vintage mix of art galleries, charming eateries and hip taverns. Because many of the homes for sale here have aged with quality, properties are affordable and are in ideal condition for refurbishing. At the heart of the city is Avondale, offering proximity to downtown diversions within a suburban setting. Duplexes and roomy single family homes abound here in a mix of old and new styles. Start your Cincinnati home search today and see what makes this city tick!

Sources:
http://en.wikipedia.org/wiki/Cincinnati
http://www.cincymuseum.org/explore_our_sites/natural_history/
http://www.cincinnati-oh.gov/cdap/pages/-3743-/
http://www.realtor.org/Research.nsf/files/REL06Q1T.pdf/$FILE/REL06Q1T.pdf
http://www.homegain.com/local_real_estate/OH/cincinnati.html
http://www.butlercounty.biz/PDF_files/Real_Estate/Day_Cinci_Afford_Housing.pdf
http://www.cincinnatihome.org/

Cincinnati, OH Community Information

Population

847,859

Median Age

36.5

Median Household Income

$55,444

Households with Children

46.79%

Median Travel Time to Work

24 minutes

Cincinnati, OH Real Estate Market Information

Homes Owned

59.43%

Homes Rented

35.82%

Homes Vacant

4.76%

Cincinnati, OH Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Cincinnati, OH School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 847,859
  • Total Male Population 407,110
  • Total Female Population 440,749
  • Population change since 2000 13.30%
  • Median age 36.5
  • Percent of households with children 46.79%
  • Personal Crime risk 115

Transportation

  • Median travel time to work 24 minutes
  • Percent using Public transportation 5.17%
  • Percent Driving/Using Carpool 87.35
  • Percent Using Other transportation 3.82%
  • Percent Working From Home 3.67%

Education Levels

  • Some high school 13.55%
  • High school graduate 28.38%
  • Some college 19.08%
  • Associate degree 7.30%
  • Bachelor's degree 20.18%
  • Graduate degree 11.50%

Occupation

  • Agriculture, forestry, and fishing 0.10%
  • Construction 5.52%
  • Manufacturing 12.17%
  • Wholesale Trade 3.18%
  • Retail Trade 9.73%
  • Finance, insurance and real estate 7.76%
  • Services 4.86%
  • Public administration 3.99%
  • Information 2.58%
  • Professional 12.82%
  • Education 23.23%
  • Arts 9.17%

Income

  • Average household income $74,896
  • Income change since 2000 20.58%

Climate

  • Avg. January high/low temp 38.82 / 20.86
  • Avg. July high/low temp 86.82 / 64.45
  • Annual precipitation 42.45
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