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Economy in South Bend, Indiana

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomySouth Bend, INUnited States
Unemployment Rate11.50%9.10%
Recent Job Growth-0.49%-0.12%
Future Job Growth27.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.40%6.25%
Income per Cap.$18,828$27,067
Household Income$36,360$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K17.55%12.10%
Income between 15K and 25K15.97%10.18%
Income between 25K and 35K14.98%10.56%
Income between 35K and 50K18.68%14.98%
Income between 50K and 75K17.36%19.53%
Income between 75K and 100K7.86%12.52%
Income between 100K and 150K5.34%12.14%
Income between 150K and 250K0.93%3.91%
Income between 250K and 500K1.10%3.34%
Income greater than 500K0.23%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations9.43%13.81%
Professional and Related Occupations23.05%22.68%
Service16.76%14.51%
Sales and Office26.96%25.22%
Farming, Fishing, and Forestry0.32%0.68%
Construction, Extraction, and Maintenance7.27%9.37%
Production, Transportation, and Material Moving22.53%15.86%
Median Household Income

The unemployment rate in South Bend, IN, is 11.50%, with job growth of -0.49%. Future job growth over the next ten years is predicted to be 27.52%.

South Bend, IN Taxes

South Bend, IN,sales tax rate is 6.00%. Income tax is 3.40%.

South Bend, IN Income and Salaries

The income per capita is $18,828, which includes all adults and children. The median household income is $36,360.


South Bend Economy SperlingViews

Northern Indiana Climate: Though not as tough as WI, MN, or MI, the winters here are long and cold. Lake effect snow lasts until April, short sketchy springs and fall, and hot and humid summers.... (read more)Snow: This area can get lots of snow, partly because of Lake Effect Snow off of Lake... (read more)Interesting case study: Plan to immerse yourself in work or school, otherwise don't come here. Most people are friendly enough, although they blather too much to convey their point. ... (read more)Have an opinion about South Bend? Leave a commentTo See All SperlingViews for South Bend Click Here