45002, Cleves, OH

The Cleves, Ohio 45002 zip code is located in the southeastern corner of the state and has a population of just over 10,000. The median home value in this zip code is $128,000, which is lower than the statewide median home value of $181,700. However, Cleves' home equity values are much higher than the statewide average; as of September 2016, the median home equity value in this zip code was $236,000. This high level of equity is likely due to Cleves' low unemployment rate (3.5%) and high levels of education attainment (75% have at least a bachelor's degree).

Despite these positive factors, there are some challenges facing homeowners in Cleves. One issue is that homes here are relatively affordable compared to other areas of Ohio but they can be difficult to sell due to their low demand. Additionally, while Cleves has a low unemployment rate it does have a higher than average crime rate; as a result many homeowners feel reluctant to sell their homes for fear that they may not be able to protect them if something bad happens.