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Columbus Should be on Your Real Estate Radar

If Columbus, Ohio isn’t on your real estate radar, it should be. Recently rated the #1 Big City in the midwest by CNN Money for its growing population, ample job opportunities, and excellent transportation infrastructure, Columbus is a tremendous place to live, work, raise a family, build wealth, start a business, and get an education.

After having our first child in 2015, my wife and I decided to leave Boston and come back home to Ohio, where we were raised. We were doing quite well in Boston (I was on a top 3 Massachusetts real estate team, and she had a dream job in speech therapy). However, we struggled to come up with a plan to build the life we wanted for our family without dealing with the high cost of living and congestion that comes with living in a big, east coast city. So, we packed up and moved “home,” and haven’t regretted our decision once since being back!

Being a data-driven person and working in real estate, I immediately began drilling into the fundamentals of the Columbus region, and have been bullish on its prospects ever since!

INTERESTING COLUMBUS FACTS

  • Home to The Ohio State University (2nd largest university in the United States), and 58 other colleges/universities (including Ohio Wesleyan University, my alma mater)
  • State Capital of Ohio, and only city built for the sole purpose of being a state capital
  • Within a 10 hour drive of 47% of the United States Population (helping to drive a thriving transportation/logistics industry)
  • Region has 2 million residents with roughly 877,000 living in Columbus (largest city in Ohio)
  • Recently won $50M (which was matched by local businesses) from the U.S. Department of Transportation to become the City of the Future

JOB & POPULATION GROWTH

According to Columbus2020, the regional economic development organization for the 11-county Columbus region, Columbus leads all midwest cities for job, population, and GDP growth since 2010.

  • Columbus was recently ranked #3 best city for millennialS, according to Time Money
  • It ranks #7 among major U.S. metros for percent of population age 25 to 34 (15.5%)
  • And it has a booming craft beer business (noticeable in almost every Columbus neighborhood)

10 LARGEST EMPLOYERS (Full-Time Employees)

  1. JPMorgan, Chase & Co. (20,475)
  2. Nationwide (13,000)
  3. Honda of America., Inc. (10,701)
  4. L Brands, Inc. (7,800)
  5. Huntington Bancshares Incorporated (5,5052)
  6. Cardinal Health (4,095)
  7. American Electric Power Company, Inc. (3,365)
  8. Alliance Data Retail Services (3,057)
  9. PNC Financial Services Group, Inc. (3,000)
  10. Abercrombie & Fitch Co. (2,650)

See the full list here.

If you’d like to learn more about real estate opportunities in Columbus, then let’s chat!

2 thoughts on “Columbus Should be on Your Real Estate Radar

  1. Greetings! Very helpful advice in this particular article!

    It is the little changes that will make the biggest changes.
    Thanks for sharing!

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