Are You Moving From or To Ohio?
Ohio, The Buckeye State, is shaped by both Lake Erie and the Ohio River. The state boasts an appealing combination of interesting cities, pristine natural scenery, and charming farms. While major cities like Cleveland, Columbus, and Cincinnati are among the best places to visit in Ohio.
Ohio is the 34th largest by area, the 7th most populous, and the 10th most densely populated of the 50 United States. The state’s capital and largest city is Columbus. The state takes its name from the Ohio River.
As the birthplace of aviation, several amazing cities, and a growing economy, Ohio is an u.nderrated gem of a state. It offers a cheap cost of living, four beautiful seasons, and Midwestern charm. These attractive attributes draw folks of all ages and backgrounds to live in Ohio. If you’re looking for a great place to build your career, raise a family, or retire, the “Heart of it All” is a prime central location.
Living in Ohio can be especially convenient for business and travel. The state is a day’s drive to within 50% of the population in the continental US. With 11,718,500 million residents, Ohio is the 10th most densely populated state but has one of the lowest growth rates of all states. At 44,825 square miles, Ohio is the 34th largest state in the country.
Considering a move to Ohio? We’re here to help. There are a lot of things you’ll need to know before moving to Ohio. Luckily, you’ve come to the right place.
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Moving to Ohio Pros and Cons
Here are a few pros and cons to consider as you make your move to The Buckeye State:
Pros.
- Natural beauty: From the shores of Lake Erie to the Appalachian Mountains, plus four distinct seasons, there are various opportunities to enjoy nature.
- One of the safest states from natural disasters: When it comes to natural catastrophes like hurricanes and earthquakes, Ohio is one of the top five safest states in the US.
- Evolving economy: Known for manufacturing, it has seen a boom in the creative and tech industries. This growth has attracted many artists, entrepreneurs, and young professionals.
- Roller coasters: Along with King Island and Cedar Point, dubbed “The Roller Coaster Capital of the World,” the state is home to many celebrated amusement parks.
Cons.
- Cold winters: If you’re coming from a warmer climate, be prepared. Winters can be brutal, filled with intense blizzards and heavy snowfall, especially near Lake Erie.
- Sports culture: Sports fans here can be unruly and even dangerous, which has earned them the reputation of being some of the nation’s most bothersome fans.
- Low ethnic diversity: Comprising over 80% white and 12% black, WalletHub recently ranked Ohio as one of the top 10 least diverse states in the country.
- Intense summers: On the other end of the spectrum, summers are known to be extremely hot and humid. Also, expect a lot of rain and stormy weather.
Tax Rates
- Property Tax: 1.57%. Ohio has the 13th highest effective real-estate tax in America.
- Sales Tax: 5.75%. Combined with local taxes (0–2.25%), it ranges between 5.75 – 8%.
- State Income Tax: 0–5%. The state has a progressive tax system with eight brackets.
Housing Market
Before the coronavirus pandemic hit the United States, the Columbus Ohio real estate market was a strong one and growing at a rapid and very healthy rate.
Just before the pandemic hit the greater Columbus area was recognized as an area with high demand from buyers and few homes for sale on the market. the greater Columbus area as #7 on a list of toughest markets for homebuyers year-over-year in January of 2020 just before the pandemic really made its mark on the economy. Since COVID-19 has made its mark, Franklin County recorded only 1,092 home sales in August at a total of $243.2 million. This is a 42% decline compared to August of 2019.
What Should I Know In 2020?
Economy Outlook
Ohioans know that at the most basic level, people make the economy. And the economy is only as strong as the people who make it run, by buying, selling, and — most of all — working. Job growth was already slowing down before COVID-19 hit. Many jobs paid far less than what families need to make ends meet, and less than the same job paid two decades ago.
Ohio’s gross domestic product was $676.1 billion, making Ohio the seventh-largest state economy. … Ohio’s manufacturing sector employs 705,900 people. The state’s factories lead the nation in the production of plastics and rubber, fabricated metals, and electrical equipment and appliances.
The current 2020 Ohio minimum wage is $8.70 per hour for non-tipped employees and $4.35 for tipped employees. The 2020 Ohio minimum wage applies to employees of businesses with annual gross receipts of more than $319,000 per year.
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Traffic & Transportation
Ohio is ranked the 10th best overall city of its size for traffic. Breakdown of driving subcategories: 7th best for the cost of ownership & maintenance, 29th best for traffic & infrastructure, 36th best for safety, and 8th best for access to vehicles & maintenance. Cyclists can enjoy the well-developed bicycle route network, many of which follow rail trails.
Primary Interstate highways: Interstate 70 runs west to Indianapolis and east to Pittsburgh, Interstate 71 runs southwest to Cincinnati and northeast to Cleveland, Interstate 75 runs north from Dayton to Toledo and up to Detroit, Michigan. Interstate 77 runs north-south in the eastern part of the state from Akron to Charleston, Interstate 90 runs east-west just south of Lake Erie, connecting Toledo in the west to Buffalo, NY in the east.
Cost of living
Ohio’s cost of living is lower than the national average. According to Best Places, the cost of living index is 82.6 This mostly due to housing, the median home price is $140,700, lower than the national average of 231,200.
If you plan on renting in Ohio, the average rent for a 1-bedroom apartment is $636, lower than the national average of $1,550. The average rent price of a 2-bedroom apartment is $811, which is lower than the national average (source: Apartment Guide).
Nerd Wallets’ cost of living calculator is a great resource to help you get an idea of how to budget your expenses prior to moving.
Moving to Ohio
Things to Know When Moving to Ohio
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Moving is one of the most exciting and overwhelming events in our lives. While there are many moving companies and various different resources to choose from, there is only one Real Movers. If you are in the process of planning a long-distance move, and you are looking for a moving company you can trust, Real Movers is your perfect choice.
