How much is a home worth in ZIP code 45056?

The typical home in 45056 is worth $337,596, based on the Zillow Home Value Index.

Are home values rising in 45056?

Home values in 45056 are up 2.2% over the past year, and up 5.1% a year over five years.

What is the typical rent in 45056?

A typical home in 45056 rents for about $1,640 a month, a gross rental yield of 5.8%.

What is the property tax rate in 45056?

The effective property tax rate in 45056 is 1.0% — roughly $3,332 a year on a typical home.

ZIP code 45056 has a population of 27,376 and a median household income of $49,233.

HousingHandbookReference data

…

U.S. ZIP Code · OH45056

Butler County · Cincinnati, OH-KY-IN

Typical home value

$337,596^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.2%
5-year / yr: +5.1%
10-year / yr: +6.2%

Relative price

vs U.S.: +18.8%
vs metro: +18.9%
vs state: +54.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 45056 is worth $337,596 — 18.9% above the Cincinnati, OH-KY-IN median. Over the past year, values have risen 2.2%. Homes here rent for a typical $1,640 a month — a 5.8% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,640^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $3,332^[3]

#Climate risk

FEMA National Risk Index ratings for Butler County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 27,376^[3]
Median household income: $49,233^[3]

#Migration

Household moves in and out of Butler County over a year, from IRS tax-return data.

Net migration: -187^[5]
Moved in: 9,725
Moved out: 9,912

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 5
Elementary: 3
Middle: 1
High: 1

Talawanda High School
High · Grades 9–12 · Talawanda City
901 students
Talawanda Middle School
Middle · Grades 6–8 · Talawanda City
673 students
Kramer Elementary School
Elementary · Grades PK–5 · Talawanda City
529 students
Bogan Elementary
Elementary · Grades PK–5 · Talawanda City
461 students
Maude Marshall Elementary School
Elementary · Grades PK–5 · Talawanda City
350 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$19,675

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,707

Loan principal$270,077

Down payment$67,519

Total interest paid$344,468

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.38

Monthly cost to own$2,267

Monthly rent$1,640

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 33rd percentile^[1]
Rental yield: 38th percentile^[2]
Property tax: 41st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 45056?: The typical home in 45056 is worth $337,596, based on the Zillow Home Value Index.
Are home values rising in 45056?: Home values in 45056 are up 2.2% over the past year, and up 5.1% a year over five years.
What is the typical rent in 45056?: A typical home in 45056 rents for about $1,640 a month, a gross rental yield of 5.8%.
What is the property tax rate in 45056?: The effective property tax rate in 45056 is 1.0% — roughly $3,332 a year on a typical home.
Who lives in 45056?: ZIP code 45056 has a population of 27,376 and a median household income of $49,233.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

41080 vs 45056 →
Petersburg CDP, KY
Typical home
$337,754
Gross yield
—
41017 vs 45056 →
Edgewood, KY
Typical home
$335,115
Gross yield
5.6%
45150
Milford, OH
Typical home
$340,771
Gross yield
4.8%
41051
Independence, KY
Typical home
$334,165
Gross yield
7.5%
41001
Claryville CDP, KY
Typical home
$341,205
Gross yield
—
45220
Cincinnati, OH
Typical home
$342,670
Gross yield
4.8%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 45056 against any other ZIP — full side-by-side table.

Compare 45056 →

#Jump to section

U.S. ZIP Code · OH45056

Get more data on ZIPs like this

Get more data on ZIPs like this