The number is based on the dissimilarity index, with 0 being the most racially integrated and 100 being the most racially segregated. They are for the entire metro area’s census tracts.
Most to Least Segregated Metros in 1970 1. Cleveland: 88.3 2. Dayton: 86.5 3. Toledo: 84.3 4. Cincinnati: 80.8 5. Columbus: 79.2 6. Youngstown: 77.2 7. Akron: 76.8 8. Canton: 74.4
So in 1970, it’s pretty clear that all of the metros were very segregated, with Cleveland, surprisingly, being the most segregated of the bunch.
Most to Least Segregated Metros in 2010 1. Cleveland: 72.1 2. Cincinnati: 66.4 3. Youngstown: 64.9 4. Dayton: 62.9 5. Toledo: 62.7 6. Columbus: 59.2 7. Akron: 57.3 8. Canton: 53.0
Fast forward 40 years and they’ve all become less segregated. Cleveland is still the worst and Canton is still the best. Every other metro has shifted positions. Columbus dropped a spot.
Change from 1970-2010, Best to Worst 1. Dayton: -23.6 2. Toledo: -21.6 3. Canton: -21.4 4. Columbus: -20.0 5. Akron: -19.5 6. Cleveland: -16.2 7. Cincinnati: -14.4 8. Youngstown: -12.3
Dayton has seen the biggest improvement, Youngstown the least.
Columbus City Civilian Labor Force January 2012: 422,500 Civilian Labor Force December 2012: 426,600 Yearly Change: +4,100 Employment January 2012: 392,700 Employment December 2012: 403,800 Yearly Change: +11,100 Unemployment January 2012: 29,800 Unemployment December 2012: 22,700 Yearly Change: -7,100 Unemployment Rate January 2012: 7.1% Unemployment Rate December 2012: 5.3% Yearly Change: -1.8%
Franklin County Civilian Labor Force January 2012: 617,700 Civilian Labor Force December 2012: 623,900 Yearly Change: +6,200 Employment January 2012: 574,400 Employment December 2012: 590,600 Yearly Change: +16,200 Unemployment January 2012: 43,300 Unemployment December 2012: 33,300 Yearly Change: -10,000 Unemployment Rate January 2012: 7.0% Unemployment Rate December 2012: 5.3% Yearly Change: -1.7%
City and County numbers are rounded.
Columbus Metro Area Civilian Labor Force January 2012: 949,737 Civilian Labor Force December 2012: 958,689 Yearly Change: +8,952 Employment January 2012: 880,680 Employment December 2012: 906,886 Yearly Change: +26,206 Unemployment January 2012: 69,057 Unemployment December 2012: 51,803 Yearly Change: -17,254 Unemployment Rate January 2012: 7.3% Unemployment Rate December 2012: 5.4% Yearly Change: -1.9%
Metro Area Continued Non-Farm Jobs January 2012: 927,300 Non-Farm Jobs December 2012: 962,300 Yearly Change: +35,000
Metro Yearly Jobs Changes by Industry Mining/Logging/Construction: +2,400 Manufacturing: +1,300 Trade/Transportation/Utilities: +10,700 Information: -100 Financial Activities: +1,800 Professional and Business Services: +4,400 Education and Health Services: +5,700 Leisure and Hospitality: +6,100 Other Services: +700 Government: +2,000
Ohio Overall Civilian Labor Force January 2012: 5,780,410 Civilian Labor Force December 2012: 5,728,748 Yearly Change: -51,662 Employment January 2012: 5,339,657 Employment December 2012: 5,344,151 Yearly Change: +4,494 Employment January 2012: 440,753 Employment December 2012: 384,597 Yearly Change: -56,156 Unemployment Rate January 2012: 7.6% Unemployment Rate December 2012: 6.7% Yearly Change: -0.9%
These monthly updates do not include all ongoing projects, but just updates on the most significant or those that have recently made news. To see the full list, check out the Columbus Development page.
Downtown 1. The ongoing Neighborhood Launch expansion continues The current expansion includes a pair of 5-story buildings along E. Long Street at N. 5th. The two buildings will contain about 260 new apartments. The foundations are mostly complete and the buildings are now going vertical. The former Faith Mission at 315 E. Long will be renovated and converted into an event and meeting space for new residents of the project. 2. Construction continues on the High Point residential project at Columbus Commons. Just over 300 apartments as well as ground floor retail and a handful of park-side restaurants will be included once complete. Work is well underway on the 2nd story of these twin 6-story buildings. 3. An application for architectural review has been submitted to the downtown commission for Discovery Commons, a 5-story residential project at E. Spring and Neilston that will include 102 apartments and 70 underground parking spaces. This project has been floating around for over a year, so the recent submission suggests this may finally start to move forward. 4. The historic corner building at 101 S. High Street was recently announced to be renovated into mixed-use. The 4-story building will have Heartland Bank take over the bottom floor with the top 3 floors being residential. No word on how many units it would be, but the renovation is expected to start later this year. 5. The Hills Market at 96 Grant Avenue finally opened a few weeks ago after long construction delays put off the original opening date by almost 4 months. 6. The Atlas building will finally begin its renovation and conversion to 186 apartments and ground-floor retail later this spring. Historic preservation credits were issued for the building at 8 E. Long Street earlier this year. 7. Renovation and expansion of the old Police HQ building at N. Ludlow and W. Gay is nearing completion. The building will allow consolidation of local offices from other buildings. The fate of the vacated buildings nearby remains unannounced. 8. The LeVeque Tower’s renovation and conversion to mixed-use continues. A hotel, offices and several dozen residential units are in the works once complete later in the year. 9. The Columbus Metropolitan Library Main Branch at S. Grant and E. Town Streets recently announced purchase and expansion plans for the adjacent old Deaf School. Construction should begin sometime this year.
Detailed lists of present, past and future Columbus development are included on the Development page.
This Columbus housing market update for March 2013 includes an expansion of data, specifically the time it takes for homes to sell on the current market.
Note: LSD= Local School District, CSD= City School District. In both cases, school district boundaries differ from city boundaries.
Top 15 Most Expensive Locations By Median Sales Price in March 2013 1. New Albany: $471,000 2. Dublin: $330,000 3. Powell: $317,000 4. New Albany Plain LSD: $316,000 5. Upper Arlington CSD: $302,450 6. Olentangy LSD: $291,250 7. Granville CSD: $282,050 8. Downtown: $269,000 9. German Village: $267,250 10. Dublin CSD: $266,500 11. Hilliard: $250,000 12. Big Walnut LSD: $245,000 13. Buckeye Valley LSD: $243,000 14. Johnstown Monroe LSD: $207,250 15. Bexley: $205,000
Top 15 Least Expensive Locations by Median Sales Price in March 2013 1. Whitehall: $45,250 2. Obetz: $56,450 3. Groveport Madison LSD: $63,625 4. Hamilton LSD: $66,750 5. Columbus CSD: $85,000 6. Lancaster CSD: $89,550 7. Newark CSD: $89,900 8. South-Western CSD: $100,000 9. Columbus: $103,250 10. Sunbury: $106,900 11. Reynoldsburg CSD: $115,000 12. Jefferson LSD: $122,000 13. Blacklick: $123,500 14. London CSD: $128,000 15. Grandview Heights: $136,000
Whitehall was the cheapest market yet again, though its median prices have been going up slowly.
Overall Market Median Sales Price in March 2013: $139,028
Top 15 Locations with the Highest Median Sales Price % Growth Between March 2012 and March 2013 1. Minerva Park: +223.8% 2. Jonathan Alder LSD: +99.0% 3. Circleville CSD: +63.3% 4. Buckeye Valley LSD: +59.3% 5. Johnstown Monroe LSD: +53.5% 6. Reynoldsburg CSD: +47.4% 7. Hilliard: +47.1% 8. Downtown: +34.6% 9. Big Walnut LSD: +31.5% 10. Westerville CSD: +28.3% 11. Powell: +28.1% 12. Gahanna: +22.0% 13. Olentangy LSD: +18.4% 14. Marysville CSd: +14.8% 15. Worthington: +13.9%
Downtown continued to do well, but otherwise few places inside 270 did.
Top 15 Locations with the Lowest Median Sales Price % Growth Between March 2012 and March 2013 1. Grandview Heights: -43.7% 2. Sunbury: -42.6% 3. Obetz: -29.3% 4. Whitehall: -24.3% 5. Bexley: -21.1% 6. Lithopolis: -20.1% 7. Hamilton LSD: -15.8% 8. Blacklick: -12.0% 9. Pataskala: -9.2% 10. Delaware CSD: -5.3% 11. Gahanna Jefferson CSD: -5.1% 12. Beechwold/Clintonville: -4.1% 13. South-Western CSD: -2.9% 14. London CSD: -1.9% 15. Columbus CSD: -1.0%
Overall Market Median Sales Price % Change March 2012 vs. March 2013: +9.9%
Top 10 Locations with the Most New Listings in March 2013 1. Columbus: 1,309 2. Columbus CSD: 811 3. South-Western CSD: 221 4. Olentangy LSD: 197 5. Hilliard CSD: 195 6. Westerville CSD: 185 7. Dublin CSD: 140 8. Pickerington LSD: 100 9. Worthington CSD: 97 10. Dublin: 93
Top 10 Locations with the Fewest New Listings in March 2013 1. Valleyview: 1 2. Lithopolis: 2 3. Minerva Park: 4 4. Jefferson LSD: 6 5. Johnstown Monroe LSD: 8 6. Jonathan Alder LSD: 9 7. Obetz: 10 8. Hamilton LSD: 13 9. Grandview Heights: 14 10. Sunbury: 17 11. Circleville CSD: 17
Total New Listings in the Columbus Metro in March 2013: 3,222 Overall Metro New Listings % Change March 2012-March 2013: +0.2%
Prices were up almost 10% year over year for the month despite a small increase in overall supply.
Top 10 Fastest-Selling Locations by # of Days Homes Remain on the Market Before Sale in March 2013 1. Minerva Park: 3 2. Worthington: 29 3. Granville CSD: 35 4. Jonathan Alder LSD: 36 5. Upper Arlington CSD: 51 6. Downtown: 54 7. Pickerington: 54 8. Pickerington LSD: 60 9. Dublin CSD: 61 10. Grandview Heights: 63 11. Groveport Madison LSD: 63 12. Reynoldsburg CSD: 63 13. South-Western CSD: 63 14. Grove City: 65 15. Powell: 65
Top 10 Slowest-Selling Locations by # of Days Homes Remain on the Market Before Sale in March 2013 1. Bexley: 188 2. Circleville CSD: 168 3. Sunbury: 163 4. Lancaster CSD: 140 5. Big Walnut LSD: 129 6. Hilliard: 125 7. Lithopolis: 121 8. Newark CSD: 120 9. Obetz: 119 10. Gahanna: 117
The Columbus Realtors provides market condition reports going back many years.
The US Census released the latest population estimates for metropolitan/micropolitan areas as well as counties for the year July 1, 2012 to July 1, 2013. Here is what they found for Columbus and Ohio metros.
Columbus leads the pack, and by a lot. Some interesting notes about these numbers is that half of the 8 major metros are growing. Also of significance is that Cleveland barely lost at all, which may indicate that the losses there are slowing down.
Now let’s take a look at where the population changes for these metros are coming from.
Natural growth is a vital part of the growth picture for any place. For Columbus, it is roughly 50% of it’s total annual growth. For places like Youngstown, with more deaths than births, it just contributes to overall decline.
The 2nd most important part of the growth rate, migration, is also pretty bad for most metros. Only Columbus is seeing a decent rate of growth, particularly domestically.
One final question is… how are these metro growth rates changing over time? That’s a bit harder to answer, as metro boundaries change so often that it’s more difficult to determine comparable rates decade to decade. However, this is what I came up with.
