Not much is going right for Ohio residents these days. In the near term, home values in Ohio are expected to take a huge hit. From 2010 to 2013, Buckeye State home prices are projected to drop an average of 3.5% a year, according to Moody's Analytics. Only in Florida, where prices are expected to fall 5% annually, is the outlook worse.
Don't expect great tax treatment in Ohio either. Notably, Ohio's state and local tax burden, expressed in terms of taxes as a percentage of income, is 10.4%, the seventh-highest in the country.
Meanwhile, the state's 10.1% unemployment rate exceeds the national average.
- Bing: What is a buckeye?