About Cincinatti
Here’s a little bit about the city of Cincinatti if you are looking for a Tax Attorney Cincinatti Ohio.
Cincinnati (/ˌsɪnsɪˈnæti/ SIN-sin-AT-ee) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line with Kentucky. The city is the economic and cultural hub of the Cincinnati metropolitan area. With an estimated population of 2,256,884, it is Ohio’s largest metropolitan area and the nation’s 30th-largest, and with a city population of 309,317, Cincinnati is the third-largest city in Ohio and 64th in the United States. Throughout much of the 19th century, it was among the top 10 U.S. cities by population, surpassed only by New Orleans and the older, established settlements of the United States eastern seaboard, as well as being the sixth-most populous city from 1840 until 1860.
As a rivertown crossroads at the junction of the North, South, East, and West, Cincinnati developed with fewer immigrants and less influence from Europe than East Coast cities in the same period. However, it received a significant number of German-speaking immigrants, who founded many of the city’s cultural institutions. By the end of the 19th century, with the shift from steamboats to railroads drawing off freight shipping, trade patterns had altered and Cincinnati’s growth slowed considerably. The city was surpassed in population by other inland cities, particularly Chicago, which developed based on strong commodity exploitation, economics, and the railroads, and St. Louis, which for decades after the Civil War served as the gateway to westward migration.
Cincinnati is home to three major sports teams: the Cincinnati Reds of Major League Baseball; the Cincinnati Bengals of the National Football League; and FC Cincinnati of Major League Soccer; it is also home to the Cincinnati Cyclones, a minor league ice hockey team. The city’s largest institution of higher education, the University of Cincinnati, was founded in 1819 as a municipal college and is now ranked as one of the 50 largest in the United States. Cincinnati is home to historic architecture with many structures in the urban core having remained intact for 200 years. In the late 1800s, Cincinnati was commonly referred to as the “Paris of America”, due mainly to such ambitious architectural projects as the Music Hall, Cincinnatian Hotel, and Shillito Department Store. Cincinnati is the birthplace of William Howard Taft, the 27th President and former Chief Justice of the United States.
Two years after the founding of the settlement, Arthur St. Clair, the governor of the Northwest Territory, changed its name to “Cincinnati”, possibly at the suggestion of the surveyor Israel Ludlow, in honor of the Society of the Cincinnati. St. Clair was at the time president of the Society, made up of Continental Army officers of the Revolutionary War who named their club for Lucius Quinctius Cincinnatus, a dictator in the early Roman Republic who saved Rome from a crisis, and then retired to farming because he did not want to remain in power.
Metropolitan Cincinnati has the twenty-eighth largest economy in the United States and the fifth largest in the Midwest, after Chicago, Minneapolis-St. Paul, Detroit, and St. Louis. In 2016, it had the fastest-growing Midwestern economic capital. Due to its abundant amenities, Cincinnati is a magnet for start-ups. The gross domestic product for the region was $127 billion in 2015. The median home price is $158,200, and the cost of living in Cincinnati is 8% below national average. The unemployment rate is also below the average at 4.2%.
Several Fortune 500 companies are headquartered in Cincinnati, such as Procter & Gamble, The Kroger Company, and Fifth Third Bank. General Electric has headquartered their Global Operations Center in Cincinnati. The Kroger Company employs 21,646 people locally, making it the largest employer in the city, and the University of Cincinnati is the second largest at 16,000.
In 1950, Cincinnati reached its peak population of 504,000; it has lost population in every census count from 1960 to 2010. In the late 20th century, industrial restructuring caused a loss of jobs. More recently, the population has recovered slightly: the 2020 census reports a population of 309,317, representing a small increase from 296,945 in 2010.
At the 2010 census, there were 296,943 people, 133,420 households, and 62,319 families residing in the city. The population density was 3,809.9 inhabitants per square mile (1,471.0/km2). There were 161,095 housing units at an average density of 2,066.9 per square mile (798.0/km2). The racial makeup of the city was 49.3% White, 45.0% African American, 0.3% Native American, 1.8% Asian, 0.1% Pacific Islander, 1.2% from other races, and 2.5% from two or more races. Hispanic or Latino of any race were 2.8% of the population.
There were 133,420 households, of which 25.4% had children under the age of 18 living with them, 23.2% were married couples living together, 19.1% had a female householder with no husband present, 4.4% had a male householder with no wife present, and 53.3% were non-families. 43.4% of all households were made up of individuals, and 9.9% had someone living alone who was 65 years of age or older. The average household size was 2.12 and the average family size was 3.00.
The median age in the city was 32.5 years. 22.1% of residents were under the age of 18; 14.6% were between the ages of 18 and 24; 28.4% were from 25 to 44; 24.1% were from 45 to 64; and 10.8% were 65 years of age or older. The gender makeup of the city was 48.0% male and 52.0% female.
As of 2019 estimates, the Cincinnati-Middletown−Wilmington Metropolitan Statistical Area had a population of 2,221,208, making it the 30th-largest metropolitan statistical area in the country. It includes the Ohio counties of Hamilton, Butler, Warren, Clermont, Clinton, and Brown, as well as the Kentucky counties of Boone, Bracken, Campbell, Gallatin, Grant, Kenton, and Pendleton, and the Indiana counties of Dearborn, Franklin, Union, and Ohio.
Cincinnati has three major league teams, seven minor league teams, five college institutions with sports teams, and seven major sports venues. Cincinnati’s three major league teams are Major League Baseball’s Reds, who were named for America’s first professional baseball team, the Cincinnati Red Stockings; the Bengals of the National Football League; and FC Cincinnati, promoted to Major League Soccer in 2019.
If you are looking for a tax attorney Cincinatti Ohio, you are at the right spot. Give us a call today at 330-331-7611.
